Multiple Fed officials collectively signaled a dovish stance, and bets on a rate cut in December are heating up again.

On November 21, in the past two hours, several Federal Reserve officials collectively made dovish remarks. Subsequently, U.S. short-term interest rate futures reflected a renewed market bet on the Fed's interest rate cut in December, with a 54% probability of a Fed rate cut in December. Federal Reserve Governor Milan: If my vote were a swing vote, I would vote in favor of a 25 basis point rate cut. CPI data is expected to be released only after the next FOMC meeting. New York Fed President Williams: Given the current policy is somewhat tight, the Fed may still cut rates in the short term. The inflation process has stalled, but it is expected to reach the 2% target by 2027. Fed Vice Chair: AI-related stocks are rising due to real returns, which is different from the internet bubble period. Fed Collins: It is expected that there will be further rate cuts over time. Having diverse views on the Fed is healthy.