Investors are less likely to expect the Federal Reserve to leave interest rates unchanged at its next meeting, while inflation and employment data due next week could still change expectations. According to CME Fed Watch, the probability of pricing in the Fed leaving rates unchanged fell to 2% from nearly 20% earlier this month. Most are betting that the Fed will cut rates by 25 basis points. September PCE data will be released next Thursday, and October employment data will be released next Friday. Price data show that inflation is persistent but not overheating. Employment data could be affected by a one-off impact of hurricanes and strikes.