From CNBC: 2024-09-09 08:31:54

Analysts predict Federal Reserve may make a 50 basis point rate cut next week without alarming markets. Speculation mounts over extent of move at upcoming meeting amid divided opinions. Traders expect around 75% chance of 25 bps cut, 25% chance of 50 bps cut. Unemployment and interest rates remain low, with strong company earnings. Market sell-off linked to August profits, not economic downturn fears. Some economists warn a jumbo rate cut could be risky, as differing opinions on potential recession circulate.

Read more: Fed jumbo 50 bps rate cut should not raise alarm, analyst says