[The probability of a Fed rate cut in December approaches 90%, with the market focusing on the 'dot plot' to predict the 2026 interest rate trajectory] BlockBeats News, December 1: Federal Reserve Chair Jerome Powell will attend an event at Stanford University on Monday commemorating the late George Shultz and deliver a speech. However, due to the Fed's communication blackout period ahead of its decision, he will not discuss economic topics. With no further official statements expected before next Wednesday's rate decision, traders currently estimate a nearly 90% probability of the Fed cutting rates by another 25 basis points. If this rate cut materializes, the market will focus on the Fed's updated 'dot plot' to seek clues about the trajectory of interest rates in 2026.