Inflation and Interest Rates: Fed Leans Towards a Cut
The Fed is leaning towards a 25 basis point interest rate cut in December, supported by officials and weak economic data.
Sources told Reuters that multiple statements from Federal Reserve officials have bolstered expectations for a 25 basis point cut at the upcoming December meeting. John Williams, President of the New York Fed, expressed support for a near-term reduction, while Mary Daly, President of the San Francisco Fed, pointed to risks facing the labor market that warrant intervention. Weak economic data, including a slowdown in retail sales in September and disappointing labor market figures, support the Fed's case for easing monetary policy. Markets are currently pricing in an 83% chance of a rate cut in December, a significant increase from 40% just a week ago, reflecting a clear shift in monetary policy expectations.
Sources & References
Editorial Note
Disclaimer
Please review the Terms & Conditions.
© 2025 EcoPulse24. All rights reserved.