Fed December 2025 Rate Cut Odds Surge as JPMorgan and BofA Flip, but Fed Remains Deeply Divided
As of December 1, 2025, financial markets are betting heavily that the Federal Reserve will cut interest rates again at its December 9–10 meeting — even as the central bank itself looks more fractured than it has in years. Futures tracked by the CME FedWatch tool now imply roughly an 80–90% chance of a 25-basis-point cut, according to multiple analyses and bank research notes.AOL+4Reuters+4BBH+4 Major Wall Street firms that only weeks ago were on the fence have swung behind a December move, led most recently by JPMorgan and Bank of America.Reuters+1 Yet minutes from the Fed’s October meeting, fresh commentary
