the market is currently pricing in a 78% probability of a 25 basis point rate cut and a 22% probability of a 50 basis point rate cut at the September meeting. By the last Fed interest rate meeting at the end of this year, the market expects a 2.6% probability of a cumulative rate cut of 125 basis points. But there are also economists who have expressed a relatively cautious view. Blerina Uruci, chief United States economist at T. Rowe Price, believes that a one-time 50 basis point rate cut no...