A 0.50% Interest Rate Cut Makes Too Much Sense

But I want to lay out the argument for the Fed to do something different. I want to actually argue that they should make a 50 basis point cut. So first, we know the labor market is softening.We see that the fears are rising that a broader slowdown or recession could happen if we don't aggressively address the situation. Non-farm payrolls, they added only 119,000 jobs in September. It's a sharp deceleration from post-pandemic averages and the report came in below economic expectation.So due to this decelerat ...