Rate Decision, Tech Earnings and Other Key Things to Watch this Week

Economic Projections and Fed Meeting - The Federal Reserve's updated economic projections and dot plot will be crucial for understanding the long-term rate trajectory and terminal rate expectations for 2026 [1][5] - The Fed's December meeting is critical as it will determine whether to implement another rate cut or pause the easing cycle amid mixed economic signals and persistent inflation concerns [5][6] Employment Indicators - Tuesday's JOLTS job openings data will provide the final employment indicator before the Fed decision, offering insights into labor demand trends and hiring intentions [3][13] - Strong job openings could complicate arguments for continued rate cuts, while significant weakening could reinforce concerns about economic momentum [14][15] Earnings Reports - Oracle and Adobe's earnings on Wednesday will provide insights into enterprise software spending and AI monetization progress, with Oracle focusing on database modernization and cloud infrastructure [7][8] - Broadcom and Costco's earnings on Thursday will offer contrasting perspectives on AI infrastructure investment and consumer spending health, with Broadcom's results closely watched for data center networking chip demand [10][12] Bond Auctions - The upcoming bond auctions will test investor appetite for longer-duration Treasury securities following the Fed decision, with demand patterns and yield levels providing insights into institutional investor confidence [16][17] - The Thursday auction occurring after the Fed decision and major earnings creates potential for significant yield volatility depending on market interpretations [17]