Reuters poll: Federal Reserve to cut fed funds rate by 25 basis points in September

A Reuters poll of 108 economists shows:

• Federal Reserve to cut fed funds rate by 25 basis points in September says 70 of 108 economists (versus 54 of 100 in April poll)
• Federal Reserve to cut rates by 50 basis points in 2024 says 65 of 108 economists. 17 say over 50 basis points, one says no cuts.