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Today's Charles Schwab Big Picture turns to the potential for the Fed to cut interest rates in December. Collin Martin attributes the significant probability cut to the government shutdown and the lack of data the FOMC got in October and start of November. He later discusses the credit risk to Big Tech firms taking on billions of dollars in debt to build out their A.I. infrastructure.

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From Near-Certainty to "No Consensus:" FOMC's December Rate Cut Potential

Schwab Network

From Near-Certainty to "No Consensus:" FOMC's December Rate Cut Potential