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Investors are expecting the Fed to announce a rate cut tomorrow.

But what happens after that?

And President-elect Donald Trump has assembled a cabinet of people with a wide range of ideological viewpoints,

which offers hints as to how he will govern.

This is a cabinet that represents his own rather heterodox range of views.

And it is, as one of his advisors put it to me,

a broadly populist array of perspectives. Plus, Luigi Mangione has been indicted on murder

charges in New York for the killing of a United Health executive. It's Tuesday, December 17th.

I'm Alex Oslo for the Wall Street Journal.

This is the PM edition of What's News, the top headlines and business stories that move the world today.

Let's start with the latest news about the man accused of murdering United Healthcare CEO Brian Thompson in Midtown Manhattan earlier this month.

Luigi Mangione has been indicted on murder charges by a grand jury in New York.

Mangione was indicted on account of murder in the first degree, murder in the second degree,

and murder in the second degree as a crime of terrorism, among other charges.

The last two times the Federal Reserve has met, its cut interest rates.

Investors are expecting that the central bank will do the same when it announces its

decision tomorrow.

But from there, the Fed's path is less certain.

Some officials aren't sure continued cuts are the way to keep inflation and the labor

market moving in the right direction, and their estimates for where rates will settle out have

...