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Odds Lean Toward December Cut as Fed Blackout Begins -- Market Talk

Dow Jones12-01

0920 ET - Fed Chair Jerome Powell is speaking on Stanford's campus Monday evening at an event commemorating former Secretary of State George Shultz, who died in 2021. With the Fed's pre-meeting communications blackout underway, Powell is sure to avoid talking about the economy. That means investors, who haven't heard from Powell since his press conference after the Oct. 29 meeting, won't get any more public comments from officials before the Fed decides whether to cut rates by another quarter point next Wednesday. Traders' bets reflect nearly 9-in-10 odds that a cut is coming. If it comes through, markets will be highly attentive to the 2026 rate path officials signal in their dot plot. (matt.grossman@wsj.com; @mattgrossman)

 

(END) Dow Jones Newswires

December 01, 2025 09:20 ET (14:20 GMT)

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