đșđž FED CONSIDERS 0.5% RATE CUT
The Federal Reserve may increase its planned September rate cut from 25 to 50 basis points.
The decision, expected on Sept 18, is still undecided, with officials calling it a "close call."
The odds of the larger cut are now almost 50/50.
Former New York Fed President Bill Dudley stated at an event in Singapore that there's a strong argument for the 50 basis point reduction.
The move could signal deeper concerns about the economy.
đSource: Reuters
