美国经济：降息迹象渐显-US Economics Weekly -It's beginning to look a lot like a rate cut

December 5, 2025 07:00 AM GMT US Economics Weekly | North America It's beginning to look a lot like a rate cut We now expect a 25bp cut at the Dec Fed meeting, followed by two more 25bp cuts in Jan and Apr. The cut will likely be accompanied by messaging of a higher bar for cuts moving forward. Initial Black Friday reporting was better than feared, but we still expect slower real spending growth in 4Q. M Exhibit 1: We expect cuts in Dec, Jan, and Apr to a terminal target range of 3.0- 3.25% Key Takeaways | ...