by John Tomase, Editor at LinkedIn News

The Federal Reserve appears unusually split as its final meeting of the year begins on Tuesday, with analysts expecting Chair Jerome Powell to secure a quarter-point rate cut.
Roughly half of the Fed’s members have signaled skepticism of further cuts, with the disagreement centering on the labor market vs. inflation.
Powell prioritized the sagging jobs market while making cuts in September and October, but some officials question the wisdom of cuts while inflation remaining stubbornly above the Fed’s 2% target.
The central bank will announce its decision on Wednesday.
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