📉 FED SEPTEMBER DECISION: MARKET VS. STREET VIEWS According to Kalshi odds (chart below), markets see: 🔸 87% chance of a 25bp cut 🔸 7% for >25bp cut 🔸 7% for no change 💬 Investment banks are split: 🔸 Goldman Sachs & JPMorgan: Expect a cut, warn Fed credibility at risk. 🔸 UBS: Dovish, sees ~100 bps easing across 4 meetings. 🔸 Morgan Stanley: More cautious—puts Sept cut odds at 50/50. 🔸 Markets overall: Pricing ~2.5 cuts by year-end. https://kalshi.com/markets/kxfeddecision/fed-meeting(*Walter Bloomberg)