The Fed’s biggest decision this week could have nothing to do with interest rates

The Fed’s biggest decision this week could have nothing to do with interest rates Joy Wiltermuth Mon, December 8, 2025 at 2:10 AM GMT+5:30 5 min read ^GSPC A third rate cut this year may be a foregone conclusion but any clues about its plans for its balance sheet will be crucial. - The stock market finished on the cusp of record highs on Friday, led higher as the odds of another Federal Reserve rate cut looked like a foregone conclusion. Yet beyond an expected third Fed rate cut for 2025, the bull run in stocks and other risk assets could be due for a different kind of boost when the Fed wraps up its Dec.