Fed's Interest Rate Cut Hopes Amid Job Market Woes
Update: 2025-12-05
Description
Wall Street eagerly awaits a potential interest rate cut from the Federal Reserve, with expectations soaring to nearly ninety percent, as per CMEs FedWatch barometer. Despite inflation hovering above the two percent target, the job market is showing signs of weakness, with job openings fading quickly and a surprising drop of thirty-two thousand roles in November. The latest report from Challenger, Gray, and Christmas shows a fifty-four percent increase in layoffs compared to the same period last year, marking the highest level since two thousand twenty. However, Wall Street sees a silver lining, hoping that a weaker economic outlook will prompt the Fed to cut rates, leading to cheaper money. The upcoming FOMC meeting is expected to be contentious, with members divided on the size of any potential rate reduction.
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