Economic & Market Watch

Economic & Market Watch is on hiatus Thanksgiving week and will return December 1.

In the News

Economy

• Federal Reserve officials are pushing back against expectations of a December rate cut, citing persistent inflation.
• President Trump is expected to announce tariff reductions as part of an affordability initiative aimed at easing consumer cost pressures.

Markets

• West Texas Intermediate crude oil futures traded around $60/barrel, ending two sessions of gains after oil loading resumed at Russia’s Novorossiysk export hub following a two-day shutdown caused by a Ukrainian attack.
• U.S. stock markets opened the week with a cautious tone as investors weighed the impact of the government shutdown’s end, lingering data delays and high valuations—notably, technology shares remain under pressure.

Current Events

• India has agreed to its first major liquefied petroleum gas purchases from the U.S. Gulf Coast, even as broader U.S.-India trade talks remain stalled.
• U.S. Trade Representative Jamieson Greer cautioned the European Union that trade continues to be a “flashpoint” between the two sides, noting that EU duties on American exports remain excessively high despite the trade deal reached in July.

Meet the Team

CFC's economic research team—John Suter, Sam Kem and Antony Davies—share their expert, yet easily digestible, perspective on what you need to know.

Have feedback about the podcast? A topic you'd like the EMW team to cover? Get in touch at economicresearch@nrucfc.coop.

Source: U.S. Energy Information Administration, Trading Economics