Fed Will Cut 0.25% or 0.5% on Sep FOMC meeting?

Today's news has led to further speculation that the Fed will
cut key short-term interest rates at their next FOMC meeting
on September 18th. There was somewhat of a division amongst
analysts before today's data on whether the rate cut would come
at this next meeting or later in the year.

The only debate by most of them now is whether we will see
a quarter or half-point cut this month. I suspect we will see
plenty of speculation and volatility in the markets as we get
closer to the date.