The Federal Reserve is widely expected to reduce interest rates by 25 basis points at each of its three remaining policy meetings in 2024, signaling a shift towards a more accommodative monetary stance amid signs of moderating inflation and a cooling economy. This expectation, based on a Reuters poll of economists, reflects growing sentiment that the Fed is looking to ease the economic burden without causing an excessive shock to financial markets. According to the poll, 92 of the 101 economists surveyed anticipate a quarter-percentage-point reduction when the Federal Open Market Committee (FOMC) concludes its upcoming meeting on September 18. The Fed has held its federal funds rate steady in the 5.25%-5.50% range since July 2023, but with inflation now approaching the central bank's 2% target and the labor market showing signs of softening, there is consensus that it’s time to dial back. However, not everyone is aligned with the Fed’s more cautious approach. A small minority, just nine economists, predicted a more aggressive move—a half-percentage-point cut. But recent market indicators suggest this is unlikely. Following...