Fed's December Rate Decision: A Close Call
Update: 2025-11-23
Description
The Federal Reserve is grappling with a challenging decision on interest rates this December, following the recent September jobs report. The report, which was delayed, revealed a higher-than-expected job addition of 119,000, but also showed revisions to earlier job gains in July and August, with August actually seeing a loss of 4,000 jobs. The unemployment rate also slightly increased to 4.4%.New York Federal Reserve Bank president John Williams hinted at a near-term rate cut, citing increased employment risks and decreased inflation concerns. This led to a significant jump in market predictions for a December rate cut, from 39% to 73%. However, some experts like Kathy Jones from Charles Schwab believe the older jobs data alone wont influence the Feds decision, emphasizing the need for more current economic information before the Fed makes a definitive move. The FOMC remains divided on the best course of action.
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