The reason why Fed Chair Jay Powell didn’t want to commit to a December rate cut is simple. A number of voting members at the FOMC are not convinced the weak labor market is actually all that weak. Sure, the numbers don’t look good, but they’re wonder if it is real. Well, Chipotle and Kraft-Heinz would like to answer them with a pair of serious warnings about what they’re seeing from consumers. Eurodollar University's Money & Macro Analysis --------------------------------------------------------------------------------------------------------------------- What if your gold could actually pay you every month… in MORE gold? That’s exactly what Monetary Metals does. You still own your gold, fully insured in your name, but instead of sitting idle, it earns real yield paid in physical gold. No selling. No trading. Just more gold every month. Check it out here: https://monetary-metals.com/snider --------------------------------------------------------------------------------------------------------------------- Bloomberg Fed Cuts Rate by Quarter Point, With Dissents on Both Sides https://www.bloomberg.com/news/live-blog/2025-10-29/fomc-rate-decision-and-fed-chair-news-conference Bloomberg Chipotle Falls Most Since 2012 After Warning Over Diner Pullback https://www.bloomberg.com/news/articles/2025-10-29/chipotle-cuts-outlook-for-third-time-in-2025-on-weaker-traffic WSJ Kraft Heinz Lowers Full-Year Outlook on Weak Consumption Trends https://www.wsj.com/business/earnings/kraft-heinz-khc-q3-earnings-report-stock-2025-a4c6430e YahooFinance Kraft Heinz bearish on outlook amid volume decreases ahead of split https://finance.yahoo.com/news/kraft-heinz-bearish-outlook-amid-173322392.html Conference Board https://www.conference-board.org/topics/consumer-confidence/ https://eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU
