Welcome to Seeking Alpha's Wall Street brunch, our Sunday look ahead to this

week's market-moving events along with the weekend's top news and analysis.

Hello, today is Sunday, September 15th, and I'm your host, Kim Kahn.

It's Fed Week, and by Wednesday afternoon, the benchmark federal funds rate will be lower. The question is by how much?

The FMC starts its two-day meeting on Tuesday with members expected to start

loosening monetary policy as the focus turns away from inflation and to a weakening labor market.

The dual mandate pendulum has swung to jobs from price stability following the latest

C. P. I.

With Wisdom Tree Chief Investment Officer Jeremy Schwartz calling inflation virtually a non-issue now.

But as recently as Thursday morning traders were convinced that the Fed would start its rate cutting cycle cautiously,

taking the Fed funds range down by 25 basis points to 5 to 5.5 percent.

That changed quickly Thursday afternoon though when Wall Street Journal reporter Nick Timoreos,

who has been dubbed the Fed Whisper, reported that members, including Chairman

Jay Powell, were still undecided on the size of the cut.

Oz of a quarter-point cut, over a half-point, tumbled from 85 percent.

It's now a coin toss going into Fed Week.

J.P. Morgan economist Michael Ferelli says it's clear the Fed should cut a 50 basis

points to adjust for the shifting balance of risks. What the F1C will do is less clear,

but we're sticking with our call

that they will do the right thing

and cut 50 basis points.

Goldman Sachs economist Jan Hansius

...