If the Federal Reserve persists on its path to raise interest rates in December, it will have to do so with little help from the economy.
Friday's economic data brought a fresh set of reminders that growth remains muted. Consumers spent less than expected in October and price pressure remains muted.
As a result, traders are growing a bit less confident about the prospect that the Federal Open Market Committee will indeed hike rates for the first time since going to near zero in late 2008.
Futures at the CME now are pricing in a 64 percent probability of a move, down from as high as 72 percent last Friday after an October rebound in jobs creation boosted expectations the Fed would tighten.