Wall Street Journal Fedwatcher Nick Timiraos is out with his latest Fed preview and it doesn't include any kind of leak about a potential cut. Instead, he highlights that the Fed will set the table for a September cut without pre-committing. That's a consensus view given that Sept is fully priced in, including a small chance of a 50 bps cut."The Fed’s newfound readiness to cut rates reflects three factors: better news on inflation, signs that labor markets are cooling and a changing calculus of the dueling risks of allowing inflation to remain too high and of causing unnecessary economic weakness," he writes.Fed officials unlikely to change rates at July meeting, but could signal potential S
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