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3 days agoWall Street is on tenterhooks about the Fed's 'rare, genuinely suspenseful' December meeting, because the committee itself doesn't know what to make of the data-or of each other | Fortune
If the market doesn't seem sure whether or not to expect a base interest rate cut next month, it's not alone-members of the Federal Open Market Committee (FOMC) themselves may have little clue which way the vote is going to go. In the run-up to this week, the mood was one of disappointment that the FOMC wouldn't deliver a final cut for 2025, an action many analysts had priced in since this summer.
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