Expectations for a December rate cut from the U.S. Federal Reserve have intensified, with major banks and market participants increasingly viewing it as the most likely scenario. J.P. Morgan recently reversed its stance, now predicting a 25-basis-point cut in December after previously forecasting that policymakers would wait until January (as reported by Reuters). This pivot follows remarks from key Fed officials indicating growing openness to an earlier move, alongside weak payroll and inflation data. In l ...