Wells Fargo: Fed should cut rates by 25 basis points in December, citing easing inflation and a weakening labor market
2025-11-20 15:41:00
Market news: Wells Fargo analyst Sarah House says the Federal Reserve should cut interest rates by 25 basis points in December, citing easing inflation and a weakening labor market. She noted that hawks may oppose a rate cut because inflation is above target and job growth is solid, but the Fed stands by its view while acknowledging that it is a "50-50" decision.
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