Fed Faces New Risks as It Navigates Both Inflation and Jobs
- Attention shifting to how quickly Fed will cut after September
- Moving too slowly may be the larger danger for policymakers
The Federal Reserve building in Washington, DC.
Photographer: Erin Scott/BloombergThis article is for subscribers only.
How soon do they start, how fast do they go and where do they end?
Federal Reserve officials are largely in agreement it’s almost time to lower interest rates. Investors are onside, too, with markets fully pricing in a quarter-point cut when the Federal Open Market Committee meets next month.