Fed officials send united message on January interest-rate cut

From grocery stores to healthcare facilities and automotive plants, rising prices and affordability are top of mind for millions of Americans right now. Some of them are Federal Reserve officials whose jobs actually require them to keep inflation in check for the rest of us. Several Fed regional presidents said Jan. 15 that ongoing inflation pressures are prompting them to pause interest-rate cuts, explaining that a cooling labor market appears to be stabilizing. “The most important thing facing us is w ...