An Unusually Divided Fed Is Expected to Deliver a Rate Cut

Despite unease among voters, Chair Jerome Powell appears set to lower interest rates again and signal a higher bar to further easing

When Federal Reserve officials gather Tuesday for their final two-day rate-setting meeting of the year, as much as half the room might not want a cut.

But the final call will rest with Chair Jerome Powell, who appears poised to secure one despite the unusual opposition.

The focus this week will be whether Powell can stitch together enough consensus to minimize...

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