The Federal Reserve’s interest rate decision and Chair Jerome Powell’s post-policy meeting press conference will take center stage this week. The central bank is widely expected to cut the Fed funds rate by 25 basis points to a range of 3.50% to 3.75%, especially after last week’s ADP payroll report pointed to falling private-sector jobs. “Momentum is now firmly behind a third 25 basis-point easing for the year. While there is some nervousness about the potential for inflation to remain elevated due to tari ...