The Federal Reserve is expected to cut interest rates by half a percentage point on Wednesday.

Markets now price in a more aggressive easing cycle from the central bank.

Recent data show the US economy is clearly cooling.

Job growth has slowed while unemployment has edged higher.

Inflation continues to move closer to the Fed's two percent target.

Policymakers appear ready to act to prevent a sharper slowdown.

A 50 basis point cut would be the largest single reduction since the financial crisis.

It would signal the Fed is shifting its focus from fighting inflation to supporting growth.

This move comes as business investment and consumer spending show signs of fatigue.

Financial markets have already priced in this aggressive path for the rest of the year.

Traders now expect at least two more rate cuts by December.

The larger initial cut would give the Fed flexibility in coming months.

Officials have grown more concerned about labor market weakness in recent weeks.

A half-point cut would mark a clear pivot in monetary policy.

Economists will watch Chair Powell's tone for clues about the pace of future reductions.

The decision will set the tone for markets well into next year.

That's the Ankor.