The Fed rate cut is imminent, traders are betting on a 25 basis point pricing, and market volatility is expected to be lower than normal.

According to the Securities Times APP, Wall Street traders are almost certain that the Federal Reserve will announce a 25 basis point rate cut later today. They are also confident that Fed Chairman Jerome Powell will signal further rate cuts to support the weak labor market. However, there is still a possibility of significant market volatility at the same time.