Why hopes of a December Fed rate cut are declining

on investors minds is the future of Fed policy and whether we will actually see a cut at the Fed's final meeting of the year which is just about a month away. Yahoo Finances Fed correspondent Jennifer Shawnberger is here with more. Jen, >> hey Miles, a rate cut in December is becoming increasingly doubtful as more Fed officials are expressing caution about cutting rates further.Today, Kansas City Fed President Jeff Schmid the latest to reiterate that he believes inflation is too high right now and that he t ...