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Global brokerages remain split on whether the U.S. Federal Reserve will cut interest rates at its December meeting, as mixed signals on job growth and unemployment earlier this month clouded economic outlook.
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Global brokerages remain split on whether the U.S. Federal Reserve will cut interest rates at its December meeting, as mixed signals on job growth and unemployment earlier this month clouded economic outlook.

Nov 28, 2025


J.P.Morgan joined major brokerages such as Goldman Sachs and Citigroup, saying it expects a quarter-point interest rate cut from the central bank next month following remarks from policymakers hinting at lowering borrowing costs.

Standard Chartered and Morgan Stanley, meanwhile, withdrew their expectations of an interest rate cut after the jobs report.
The Federal Open Market Committee is set to meet in Washington on December 9 and 10 for the last policy meeting of this year.

Here are the forecasts from major brokerages for December policy meeting:

* UBS Global Research and UBS Global Wealth Management are distinct, independent divisions in UBS Group

Article Published November 28, 2025 on reuters.com