Updated Fed Views + Fedspeak Monitor 11/21/25
The rise in the unemployment rate to 4.44%, combined with dovish Fedspeak from Williams, pushes us to update our Fed Views. Our baseline is now one cut by January, more likely than not in December.
The rise in the unemployment rate to 4.44%, combined with dovish Fedspeak from Williams, pushes us to update our Fed Views. Our baseline is now one cut by January, more likely than not in December.