“The interest rate cut is the right decision, but should have been bolder w/ a 50 basis point move,” said NAR Chief Economist Lawrence Yun. “The indication of another rate cut in a few months will hold back some consumer & business moves.”
https://www.bondbuyer.com/news/although-powell-doesnt-tip-his-hand-most-expect-more-cuts-this-year @GarySiegel_BB
Original author: NAR Media Relations