Data drought and labour weakness push Fed toward another cut despite inflation worries

Data drought and labour weakness push Fed toward another cut despite inflation worries

Malay Mail Online - Money·2025-12-08 15:01

WASHINGTON, Dec 7 — While the US Federal Reserve’s final interest rate meeting this year could see an unusual amount of division, financial markets view a third straight interest rate cut as nearly certain.

When the Fed last met in October, Chair Jerome Powell asserted that another rate cut in December was “not a foregone conclusion,” pointing to “strongly differing views” within the central bank.

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