Fed's December Rate Cut Hinges on Jobs Report
Update: 2025-11-11
Description
November tenth marks a pivotal moment in the financial world as the government shutdown ends, with all eyes on the Federal Reserves next move. The upcoming jobs report, delayed due to the shutdown, is crucial in deciding if the Fed cuts interest rates in December. Morgan Stanley economists believe the data available by the December meeting will be enough for a rate cut, but warn that other economic indicators will be delayed. A stronger than expected jobs report could even prevent a December rate cut. This situation underscores a growing divide within the Fed on the best path forward for interest rates.
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