Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts
CNBC·2025-11-14 03:36
Federal Reserve Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee at the Federal Reserve on Oct. 29, 2025 in Washington, DC.Federal Reserve Chair Jerome Powell wasn't kidding a couple weeks ago when he said a December rate cut wasn't in the bag.Recent remarks from Powell's colleagues point to plenty of apprehension over whether the central bank should deliver its third consecutive easing of policy when it meets Dec. 9-10.As a result, markets have re ...