PANews reported on December 4th that, according to a Reuters survey, the Federal Reserve will cut interest rates by 25 basis points in its December meeting to support the cooling labor market. Of the 108 economists surveyed, 82% (89 in total) hold this view. This strong consensus is largely consistent with the November survey results and matches the nearly 85% probability of a rate cut in the interest rate futures market, but it contrasts sharply with the widening divergence among policymakers—who disagree on whether the global economy needs further easing next year. The survey's forecasts for 2026 reflect this lack of consensus. While the median forecast indicates two more rate cuts, bringing the federal funds rate down to 3.00-3.25% by the end of the year, no clear majority has been formed for any quarterly forecasts.PANews reported on December 4th that, according to a Reuters survey, the Federal Reserve will cut interest rates by 25 basis points in its December meeting to support the cooling labor market. Of the 108 economists surveyed, 82% (89 in total) hold this view. This strong consensus is largely consistent with the November survey results and matches the nearly 85% probability of a rate cut in the interest rate futures market, but it contrasts sharply with the widening divergence among policymakers—who disagree on whether the global economy needs further easing next year. The survey's forecasts for 2026 reflect this lack of consensus. While the median forecast indicates two more rate cuts, bringing the federal funds rate down to 3.00-3.25% by the end of the year, no clear majority has been formed for any quarterly forecasts.