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Flashlight for the December FOMC Blackout Period: A Contentious Cut
From wellsfargo.bluematrix.com
We expect the FOMC to proceed with returning policy toward a more neutral stance and reduce the fed funds rate by another 25 bps to 3.50%-3.75% at its upcoming meeting on December 9-10. Although the FOMC will not have the October and November jobs report at this meeting as initially planned, the latest available labor market data suggest that conditions have continued to slowly soften. While nonfarm payroll growth firmed in September, the unemployment rate rose to 4.44%, placing it above the Committee's central tendency range for "maximum employment." Fresh data on inflation since the FOMC last met have been more ... (full story)
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Dec 5, 2025 2:08pm
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