The central bank usually prefers to move in increments of a quarter point. This time, it’s complicated.

ILLUSTRATION: Rachel Mendelson/WSJ, Getty (2), Bloomberg

By Nick Timiraos

Updated Sept. 17, 2024 11:21 pm ET

The Federal Reserve is set to cut borrowing costs at its two-day meeting that ends Wednesday. The goal: preserve a solid job market now that price pressures have cooled.

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