Fed Cut This Week May Be Last for a While: Decision-Day Guide

Federal Reserve officials are primed to deliver a third consecutive interest-rate cut on Wednesday, but the streak may end there.

Concerns around lingering inflation have generated a deep division within the US central bank, likely preventing Fed Chair Jerome Powell from signaling any further moves early next year.

After lowering rates twice this autumn, and by 1.5 percentage points over the last 15 months, each additional reduction bringsthe Fed’s benchmarkcloser to the point where it would boost economic activity — something many officials are trying to avoid. Several officials believe they’re already at a neutral level which neither ...