Fed Cuts Rates Again, Signals It May Be Done for Now

Three officials dissented in opposite directions. Stalled progress on inflation and a cooling job market made for one of the most divided meetings in years

Federal Reserve officials cut interest rates at their third consecutive meeting but signaled little appetite for more amid unusual internal divisions over whether inflation or the job market should be their bigger worry.

The Fed voted 9-3 for the reduction on Wednesday, the first time in six years that three officials cast dissents. Chicago Fed President Austan Goolsbee...

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