The big question for market participants is whether a 50-basis-point rate cut would mean a recessionary environment `is more probable than the Fed is comfortable with,’ one portfolio manager says.
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Last Updated: Sept. 18, 2024 at 6:10 p.m. ET
First Published: Sept. 8, 2024 at 12:01 p.m. ET
Wednesday’s consumer-price index is seen as likely to play a key role in whether the Federal Reserve ends up cutting interest rates by either 25 or 50 basis points in less than two weeks. Photo: MarketWatch photo illustration/iStockphoto, Getty Images
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