Week Ahead: More US Data to Test Dovish Fed
The rapid repricing of Fed expectations followed a rare dovish turn from normally centrist policymakers, including New York Fed President John Williams and Governor Christopher Waller. These recent remarks signalled that rates may need to be cut “in the near term” as labour conditions soften and inflation cools, prompting banks such as JPMorgan to pull forward their call for a first cut to December. Growing Expectations of a Cut FedWatch probabilities flipped sharply over the past two …
8 mins
Dec 1, 2025
6 days ago