Former "Hawk King" of the Federal Reserve: Cut interest rates by 25 basis points tonight, otherwise unable to defend

Former St. Louis Fed President Bullard suggested that the Fed cut interest rates by 25 basis points tonight, arguing that the reasons for a 50 basis point cut have been exaggerated. He pointed out that if the Fed cuts rates by 50 basis points, it will face questions about why it did not continue this pace. Wall Street Journal reporter Hilsenrath also believes that a 25 basis point rate cut is easier to convey information, and Powell can prove that the economy is strong. Despite the market's increasing expectations for a 50 basis point rate cut, Ebury market strategist Ryan warned that the FOMC is unlikely to endorse this expectation, expecting a 25 basis point rate cut and hinting that further cuts will be gradual