WASHINGTON (AP) — Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the economy as they prepare for an annual conference in Jackson, Wyoming, next week and a crucial policy meeting in September. Weak job gains since April have led some officials to support a rate cut. Others remain more concerned about sticky inflation. That could make the Fed’s ultimate move at its September 16-17 meeting a close call. There will be another jobs report and another inflation report before then, and both will likely heavily influence the decision of whether to cut or not.
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