According to Odaily Planet Daily, the vast majority of economists expect the Federal Reserve to cut interest rates by 25 basis points in September. This is different from the expectations of some large banks on Wall Street. Nearly four-fifths of survey participants expect the Federal Reserve to cut interest rates to a range of 5% to 5.25% at its meeting on September 17-18. Most of the remaining economists expect the rate cut to be larger. The median forecast of economists shows that there is only a 10% chance that the Federal Reserve will adjust interest rates before the scheduled meeting. Economists also predict that the Federal Reserve will choose to cut interest rates by 25 basis points at meetings in September, November and December this year and in the first quarter of 2025.