FEDERAL RESERVE AND INTEREST-RATE OUTLOOK
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The Federal Reserve remains a critical driver.
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The latest Reuters reporting indicates traders have reduced some expectations for additional rate hikes next year following the election-related market moves. However, inflation and energy prices remain important risks.
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The next scheduled FOMC meeting is December 8–9, 2026.
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I would pay particular attention to inflation data and employment reports before that meeting.
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Important: A weaker dollar does not necessarily mean the Fed will cut rates. We need confirmation from economic data.
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