From the San Francisco Business Times, August 27:
Wells Fargo’s economics team expects the Federal Reserve to cut rates aggressively due to job market weakness, ultimately seeing the central bank cutting rates a total of two percentage points.
Wells sees the Fed cutting rates a half percentage point when the Federal Open Market Committee meets Sept. 18, adding that the August unemployment report, to be issued Sept. 6, will be pivotal in whether the Fed cuts rates a quarter or half percentage point in September....
....MUCH MORE
San Francisco being Wells Fargo's hometown the Business Times tends to watch them closer than most media do.
