The Federal Reserve's decision next month is undecided, and stocks, bonds, and foreign exchange markets are all experiencing declines.

Some analysts say that for the market, these are painful 24 hours, as expectations for the Federal Reserve to ease policies at the December meeting have diminished among traders, and the decision to cut interest rates is now seen as a "coin toss." The stock market, government bonds, and the dollar have all dropped. Recently, Federal Reserve officials have increased the possibility of keeping interest rates unchanged at the last meeting of the year. Federal Reserve's Mousalem stated that there is limited room for further easing of policy without being overly loose, while Cleveland Fed Chair Hammack stated that interest rate policy should remain restrictive in order to put downward pressure on inflation. Kashkari of the Federal Reserve has stated that he opposed a rate cut last month and remains cautious about a rate cut in December. According to CME observations, federal funds futures are currently priced for a 50.7% chance of a 25 basis point rate cut by the Fed in December, down from 63% on Thursday. The yield on the US 10-year Treasury note rose to around 4.1211%, while the yield on the 2-year US Treasury note rose to around 3.593%. However, the dollar did not ease despite the rise in government bond yields, and the US stock market also ended a four-day rally on Thursday.