Economists are predicting the Federal Reserve will implement a quarter-point interest rate cut in September due to mixed job market data, rather than a half-point cut.
"the Federal Reserve Bank is going to be meeting and they're going to discuss what they want to do with interest rate cuts. They've pretty much all guaranteed that they want to do interest rate cuts. But this is where a lot of people are wondering, are they going to do a quarter point cut, a half point cut, but because this job market data was kind of skewed in the sense that this month's data was worse than expected, last month's data might not be as bad as expected. This is where Yeah. more people saying that maybe the Federal Reserve Bank will only stick with a quarter point cut."
