Fed expected to deliver third straight rate cut this week amid labor concerns
Snippet of Article: "Decision comes as labor market shows weakness with 1.17M layoffs announced through November, highest since 2020...The market's expectations for a rate cut at this week's meeting have shifted wildly amid those concerns and disruptions in the release of economic data. ...The market's expectations for a rate cut at this week's meeting have shifted wildly amid those concerns and disruptions in the release of economic data. ..."
Source: www.foxbusiness.com