Wells Fargo: The Federal Reserve should cut interest rates by 25 basis points in December due to easing inflation and a weakening labor market.

Jinse Finance reported, citing market sources: Wells Fargo analyst Sarah House stated that the Federal Reserve should cut interest rates by 25 basis points in December, citing easing inflation and an increasingly weakening labor market. She pointed out that hawkish members may oppose the rate cut because inflation remains above target and job growth is solid, but the Federal Reserve still maintains its view, while acknowledging that this is a "fifty-fifty" decision.