Core Viewpoint - Federated Hermes is reassessing its prediction of a 25 basis point rate cut by the Federal Reserve in December, anticipating that government data will soon resume publication [1] Group 1 - The longer the delay in data release, the more the market will rely on limited outdated data, but the financial system itself has not changed [1] - The U.S. fiscal functions remain unaffected, with new debt still being auctioned and no restrictions on transactions with the Federal Reserve [1] - Liquidity markets are operating smoothly [1]