The biggest suspense in 15 years: The Federal Reserve's decision will greatly disrupt the stock, bond, and foreign exchange markets

The financial market expects the Federal Reserve to start a loose cycle with a 50 basis point rate cut, but investment banks generally predict a 25 basis point cut, which may cause significant short-term volatility in the stock, bond, and foreign exchange markets. George Bory, Chief Investment Strategist for Fixed Income at Allspring, pointed out that it is very rare to see such a divergence in the market 24 hours before a decision. Deutsche Bank believes that this Fed decision may be the biggest surprise in 15 years