<h1>Investors Weigh Possible December Fed Rate Cut as Market Volatility Rises and Holiday Spending Becomes Key Signal</h1> Global equity markets showed mixed performance as investors priced in a potential December interest rate cut by the US Federal Reserve, following remarks by the New York Fed president indicating 'room for a further adjustment' to rates. Divergent views among Fed officials highlight ongoing policy uncertainty, particularly regarding inflation control and timing of future cuts. Reduced Treasury yields and increased rate-cut expectations (about 72 per cent probability) reflect shifting monetary policy sentiment with significant implications for capital markets and financing conditions. Volatility in high-risk assets, including Bitcoin, underscores market sensitivity to monetary policy and trade-related developments. Upcoming US holiday retail activity is expected to be closely monitored as a key indicator of consumer-driven economic growth.