Fed Must Decide If Quarter-Point Cut Will Be Enough for Workers
- Jobs report leaves investors uncertain about Fed’s next move
- Officials set for a heated debate at upcoming policy meeting
Jerome Powell
Photographer: Al Drago/BloombergThis article is for subscribers only.
The Federal Reserve is set to begin unwinding its tightening campaign this month as inflation cools and the labor market slows. The big question policymakers now face is whether a small interest-rate cut will be enough to keep the economy in expansion mode.