Fed Poised for December Rate Cut Amid Inflation Concerns
Key Points The Fed is expected to cut rates next week amid persistent inflation concerns. November’s CPI rose 2.7% annually, with core inflation steady at 3.3%. Experts predict fewer rate cuts in 2025 due to inflation's stickiness. Fed policymakers analyze CPI, PPI, and PCE data before final decisions. Labor market stability and declining inflation offer long-term optimism. The Federal Reserve appears on track to implement another interest rate cut next week following an inflation reading that aligned with Wall Street...