A cut is something of an “insurance policy against a shattering of the U.S. labor market,” UBS chief economist Paul Donovan noted this morning.

If he does not use that phrase, he may be open to further interest rate cuts.

The central bank is poised to deliver its third straight interest rate cut Wednesday, while firing a warning shot about what's ahead.

The "dot plot," Chair Jerome Powell's press conference and estimates for U.S. economic growth and inflation are ways the Fed can rein in sentiment.

The "dot plot," Chair Jerome Powell's press conference and estimates for U.S. economic growth and inflation are ways the Fed can rein in sentiment.

A cut is something of an “insurance policy against a shattering of the U.S. labor market,” UBS chief economist Paul Donovan noted this morning.

Only in June does a plurality—41.9%—emerge on CME FedWatch for a further cut to 3.25%.

The Federal Reserve is expected to slash the benchmark interest rate to boost hiring Wednesday.

The central bank is widely expected to announce a quarter percentage point, or 25 basis point, cut to its overnight lending rate at Wednesday's meeting.

Jerome Powell’s Federal Reserve will likely deliver its final cut of the year on Wednesday. But Claudia Sahm is already looking ahead.

The FOMC elects to cut interest rates in December to 3.5% -3.75%, but Powell siignals that policy may now by neutral, making a January cut less probable.