KEY TAKEWAYS
The Federal Reserve is widely expected to maintain its influential interest rate at its current 23-year-high level when officials make policy decisions on Wednesday.
Inflation moderated in the second quarter and the job market has continued softening, factors that will likely encourage the Fed to cut interest rates in the coming months.
Market…
KEY TAKEAWAYS
The Federal Reserve's preferred measure of inflation, the Personal Consumption Expenditures (PCE) index, will be released Friday. The inflation data and a slew of other indicators during the week will be closely watched amid hopes that continued indications of sluggish economic activity could spur the Fed to cut interest rates.
Several Federal Reserve…