Pivotal Week for Markets: What to Expect From Fed Decision

The central bank is anticipated to announce a rate cut, but the key question remains: Will the initial cut be the deepest?

Federal Reserve Chairman Jerome Powell is introduced at the Jacques Polak Research Conference at the International Monetary Fund in Washington on Nov. 9, 2023. Mark Schiefelbein/AP Photo

News Analysis

A recent blend of easing inflation rates and cooling labor market trends could force the Federal Reserve to pull the trigger on its first interest rate cut since the onset of the COVID-19 pandemic.