Consumer prices rose 0.2% in August as annual inflation rate hits lowest since early 2021

[BumRushDaShow]

13. Just heard a Bloomberg business report about 10 minutes ago on my local news radio station

and they mentioned that "the markets" that they monitor, had indicated about 40% odds for the bigger cut.

They might do it as many figured they should have done a 0.25% cut at their last meeting, and that might have given them chance to do 3 gradual rate cuts before the end of the calendar year. Now, if they do a 50 basis point cut, would they do any more the rest of the year or would they do one more for maybe 25 basis points, as a final cut for this year? THAT is the question!