There are so many Fed officials telling us that a cut isn't coming in December. The odds are down to 39% and should fall further on this, which is coming from a Fed Governor.Still not clear how much data will be ready ahead of Dec 10 meetingCurrent policy still somewhat restrictiveBalance of risks has shifted in recent months, with increased potential downside to employmentUpside risks to inflation have likely declined somewhat, with tariff effects likely temporaryAvailable info seems consistent with gradual cooling of both labor supply and demandAnecdotal reports about the job market have been mixedThe S&P 500 opened 0.3% lower but has trimmed that quickly. This article was written by Adam Button at investinglive.com.