Fed's December Rate Cut Odds Surge

The Federal Reserve is grappling with a tough decision: cut interest rates again in December to boost the job market, despite potential inflation risks. Recent comments from officials like John Williams and Christopher Waller suggest a rate cut is likely, with odds now at 84%. The decision, set for December tenth, will be closely watched. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.