The Fed has a rate cut plus a bunch of other things on its plate this week. Here’s what to expect

Key Points

Markets are assigning a nearly 100% probability that the Federal Open Market Committee will approve a second consecutive quarter percentage point at its meeting this week.
Beyond that, policymakers are likely to debate the future path of reductions, the challenges posed by a lack of economic data and the timetable for ending the Fed’s balance sheet runoff.
“There’s dissent between people who want to cut now, and people who want to wait and see a bit more,” said former Fed official Bill English.

Source

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