PANews reported on September 18 that QCP Capital pointed out in its latest report that the Federal Reserve meeting today will determine the direction of the medium- and long-term financial markets. Market participants see a 33% chance of a 25 basis point rate cut and a 66% chance of a 50 basis point rate cut, according to federal funds futures pricing. Economists surveyed by Bloomberg, however, see a quarter-point rate cut as more likely, with 104 of 114 predicting this would happen. Only nine of 114 economists expected a 50 basis point cut. QCP Capital believes volatility will rise significantly in the days following the conference as traders rebalance their positions in the coming weeks.