JPMorgan Reverses View, Now Sees Fed Cutting Rates in December
On November 26, 2025, economists at JPMorgan Chase & Co., led by Chief U.S. Economist Michael Feroli, revised their forecast and said they now expect the Federal Reserve to cut interest rates in December 2025 rather than in January. The bank cited recent public commentary from senior Fed officials—most notably New York Fed President John … Read more