00:00 Speaker A
Now, for what to watch for the week of December 29th.
00:03 Speaker A
We’re going to start off on the Federal Reserve. We’re going to getting minutes from the Fed’s December FOMC meeting on Tuesday.
00:08 Speaker A
Investors will be parsing through the minutes to see how divided policy makers really are after delivering the third rate cut of the year earlier this month.
00:19 Speaker A
Several officials dissenting at December’s meeting, but for opposite reasons, underscoring a fed that’s far from unified.
00:26 Speaker A
The key question now is how cautious policy makers could be in 2026.
00:32 Speaker A
Moving over to housing, new pending home sales data for November coming in on Monday.
00:37 Speaker A
Economists forecasting that number to come in at 0.8%. That’s a full percentage point lower than October’s print, signaling that home sales are still rising, but more slowly compared to the previous month.
00:46 Speaker A
The new data suggesting that fewer buyers were willing or able to sign contracts amid elevated mortgage rates and continued affordability pressures.
00:54 Speaker A
And stick with housing. We’re going to be getting more insight into home prices on Tuesday with the Case-Shiller home price Index.
01:00 Speaker A
Prices expected to cool slightly to 0.1% signaling that homes are still getting more expensive overall, but not as quickly as the previous month.
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