Jeremy Siegel expects a ‘hawkish cut' from Fed on Dec 10

Core Viewpoint - The Federal Reserve is facing unusual uncertainty as it prepares to announce its next interest rate decision on December 10, relying on older reports and private surveys due to disruptions in official economic data releases caused by the government shutdown [1] Economic Data Impact - Official economic data releases have been disrupted by the government shutdown, leading to challenges in assessing the current economic conditions [1] - Policymakers are using older reports and private surveys to gauge the health of the economy in the absence of timely official data [1]