Federal Reserve leaders are unified in their resolve to quash the worst bout of inflation in four decades. They just no longer agree on how high to keep U.S. interest rates to achieve their goal.

Higher inflation and a resilient economy have some wondering if the Fed will cut rates this week. This week will be full of economic data ahead of the Christmas week.

The Federal Reserve's preferred inflation measure showed prices rose less than expected in November, a welcome sign of progress as the central bank tries to get inflation back to the 2% target. Over the past 12 months,