Wall St Week Ahead: Investors await Fed's view on labour market

More in doubt was the size of next week's cut and how much the Fed expects to decrease rates in the coming months. — Reuters

NEW YORK: Investors will look for the Federal Reserve to communicate how worried it is about the flagging US labour market at its meeting next week and they expect the central bank to cut interest rates for the first time in nine months to shore up employment.

On Thursday, inflation data came in slightly hotter than expected. Still, market players did not expect this would dissuade the Fed from easing rates on Wednesday, following several downbeat reports about US job growth.