Wells Fargo(US:WFC) Xin Hua Cai Jing·2025-11-21 03:05Core Viewpoint - The delay in the September employment report due to the U.S. government shutdown has created uncertainty regarding the Federal Reserve's policy direction ahead of the upcoming FOMC meeting in December [1] Summary by Relevant Sections - Federal Reserve's Interest Rate Expectations - Wells Fargo analysts maintain the expectation that the Federal Reserve should lower interest rates by 25 basis points in December, despite acknowledging significant internal disagreements within the monetary policy decision-making body [1] - The discussion surrounding the potential rate cut in December is expected to be intense, with both supporting and opposing views being closely matched [1] - Market Reactions and Economic Signals - If the Federal Reserve decides to keep interest rates unchanged in December, it would not be surprising to Wells Fargo, indicating a cautious stance among financial institutions due to the lack of clear economic signals [1] - The analysis highlights the high uncertainty surrounding the current path of U.S. monetary policy, with potential significant discrepancies between market expectations and actual decisions as the December FOMC meeting approaches [1] - Global financial markets will closely monitor subsequent economic data and signals from Federal Reserve officials' speeches [1]