In this holiday-shortened week, the publication of the minutes from the Fed’s December 9-10 meeting will be the main highlight. The minutes will be scrutinized to assess policymakers’ appetite for additional rate cuts. The FOMC lowered its benchmark rate this month for the third time in a row, though officials’ median forecasts pointed to only one more cut in 2026. Some policymakers are worried about a soft labor market, while others are concerned about persistent inflation.The U.S. stock and bond markets w ...