To put it simply, a 25BP rate cut in September = the Fed believes that the economy is still overheated and does not mind slowing down for another two months, but the data does not show overheating at all, which means that the Fed is simply afraid to be realistic, and it also means that the Fed hopes that the economy will continue to decline

A 50BP rate cut in September = the Fed recognizes that the economy has normalized, and the future goal is to normalize interest rates and stabilize the economy at this growth rate

It is clear at a glance which is better for the market