25 or 50?

Media & political pressure on the Fed to lower rates by 50 bps has risen in recent days. The urgency for 50 is non-existent in my view but the issue may be moot since it increasingly looks like we will see something on the order 75bps of cuts (many are saying 100) by year-end in some fairly rapid combination. So whether the Fed starts with 50 bps will b…