US Economy News Today, December 3, 2025: Fed Cut Bets, Weaker Dollar, Data Deluge and Shutdown Fallout
The United States economy today looks like a tug‑of‑war: powerful investment in artificial intelligence and fresh fiscal stimulus are pulling growth along, while tariffs, a softening labor market and the after‑effects of a record‑long government shutdown tug in the opposite direction. As of Wednesday, December 3, markets are leaning toward the optimistic side of that rope. Stocks are climbing, the dollar is sliding, and traders are almost certain the Federal Reserve will cut interest rates at next week’s policy meeting—even as new data show growth moderating and inflation stuck around 3%. Fed rate‑cut fever is driving markets Global markets are