Traders are looking ahead to the Federal Reserve's interest rate decision in December. There's a 95% chance the central bank will cut rates by a quarter percentage point, according to the CME FedWatch tool. The market will be interested in how rates will change in 2025. Hawkish comments could push stocks into a selloff. Investors are also weighing the potential impact of the new Trump administration's promised tariffs and tax cuts on the Fed's outlook.