[JPMorgan Chase: The extent of the Fed's September rate cut depends on the next non-farm data] Golden Finance reported that JPMorgan Chase (JPM.N) research report said that yesterday's US CPI data gave the Fed a green light to start cutting interest rates at the upcoming September meeting. The only question now is whether it will start with a 50 basis point rate cut or a more modest 25 basis point cut. The decisive factor will depend on how big the rebound in the August employment report is. An increase in employment of 160,000 to 200,000 may eliminate most of the concerns raised by the July employment report, while an increase in employment below 100,000 may tilt the balance of risks toward growth and bring about a larger rate cut.