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Yesterday

Tuesday 12/9

The Bureau of Labor Statistics releases the Job Openings and Labor Turnover Survey for both September and October. At the end of August, there were 7.22 million job openings, and 1.02 unemployed people for every open position, the highest ratio since April 2021.

Wednesday 12/10

Adobe and Oracle report quarterly results on Wednesday, followed by Broadcom and Costco Wholesale on Thursday.

The Federal Open Market Committee announces its monetary-policy decision. The FOMC is widely expected to cut the federal-funds rate by a quarter of a percentage point to 3.5%-3.75%. The central bank also releases its quarterly Summary of Economic Projections. In the September SEP, the median projection for the federal-funds rate by year-end 2026 was 3.4%, which would imply only one more quarter-point cut, assuming that the FOMC cuts as expected at this meeting. Traders are pricing in a roughly 3% federal-funds rate by December 2026, a much more aggressive easing cycle than currently forecast by the central bank. This may be due to the dovish Kevin Hassett, currently director of the National Economic Council and the favorite to replace Jerome Powell, whose term as Fed chair ends in May.

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(END) Dow Jones Newswires

December 05, 2025 21:30 ET (02:30 GMT)

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