According to FedWatch the odds are in favor of a 0.5% rate cut vs 0.25% rate cut.
Some analysts believe this is better so the FED doesn't move to slow and can always follow-up with another 0.25% cut next time (instead of 0.5% again).
However, most professional analyst still believe it'll be 0.25% rate cut to start with.
Most rate cut cycles usually begin with 0.25% as this is the easiest to monitor the situation and it allows to speed up or slow down after seeing the real-time effect.
Both are perceived as bullish as the market tries to compare the effects of the rate cuts to what happened last time.
To cope with covid a huge emergency rate cut was announced and we all know what happened after 👀
