To me, this is the point.
A 25 cut is a policy error, in my humble opinion, but this cut or even a 50 bps one, aren’t going to change anything in the big scheme of events.
I am trying to say is a bit different. Even if it is an error, it is not going to destroy the economy. Do the cut, observe what happens and let's see if it is a mistake or not.
And would a rate cut save the economy? No I highly doubt that
The recent Tariff drama is one major variable that is making them try the wait and see approach
What impact is it going to have on inflation and the extent
It would definitely push inflation and a rate cut would also do same.
The US is in a tricky situation they might be heading into a recession (which could encourage the rate cut).