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Fed’s Nightmare Year Isn’t Over Yet as U.S. Jobs Sour: Eco Week

  • Central bankers in Japan, Russia, U.K., Switzerland also meet
  • Weekly take on events in the world economy and their fallout
Senate Returns After Biden's Victory In 2020 Presidential Race
Photographer: Stefani Reynolds/Bloomberg

The Federal Reserve will start confronting the case for more stimulus to support the U.S. economy on Wednesday as it holds its final policy meeting of a truly momentous year.

The central bank in Washington, one of at least 16 monetary institutions worldwide scheduled for a decision this week, now has the specter of a marked slowdown in the labor-market’s rebound to consider after the latest jobs data for November.