WSJ Timiraos: Fed has a rate cut dilemma. Go big or small ...Middle East

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WSJ Timiraos: Fed has a rate cut dilemma. Go big or small
The WSJ Timiraos is out with an analysis of the upcoming Fed rate decision. The title of the article says it all with the author calling the decision as a dilemma. That is does the Fed go big or small (or by 25 basis points or 50 basis points). Some of the highlights;Fed set to cut rates at its Sept. 17-18 meeting, first cut since 2020.Decision on whether to cut by 0.25 or 0.5 percentage points is closely contested.Powell's recent speech emphasized monitoring job market risks and adapting rate cuts accordingly.Some analysts lean towards a smaller cut due to firm housing costs in recent CPI data.Economic data mixed: weaker June/July hiring, improved August payroll growth, low layoffs.Projecti

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