#Fed to cut #faiz rates by 25 basis points at each of its remaining three policy meetings this year - Reuters poll

92 of 101 economists expect a 25 basis point rate cut next week

65 of 95 economists expect three 25 basis point rate cuts over the rest of the year

54 of 71 economists say the Fed is 'unlikely' to cut 50 basis points at any meeting

On the final front, five other economists believe a 50 basis point rate cut this year is 'very unlikely'. Thirteen, meanwhile, say it is 'likely' and four say it is 'very likely' the Fed will make a big move.

The poll shows a clear expectation that the Fed will cut only 25 basis points at its meeting next week. And for the year itself, there is a stronger belief in three rate cuts after this narrative took hold in August (as seen in the visual above).