Federal Reserve Signals Potential Rate Cut as Inflation Cools

Fed officials consider September interest rate reduction amid signs of weakening labor market and easing inflation.

Inflation has fallen below 3% for the first time since early 2021, nearing the Fed's 2% target.
The unemployment rate rose to 4.3% in July, with job growth slowing significantly.
Fed officials debate the magnitude and timing of potential rate cuts, with some advocating for a quarter-point reduction.
Concerns grow over waiting too long to cut rates, which could risk further economic slowdown.
Upcoming economic data and Fed officials' remarks will be closely monitored ahead of the September meeting.