Fed will cut 25 basis points

On this episode of The Rate Guy, JP draws a parallel between the Penn State and Fed search for their next leader. Then we jump into what to expect at this week's meeting and a quick look ahead to next year's rate expectations.

We'll be back Wednesday for a recap of the Fed meeting.

For those that are curious...here's the calendar reminder screenshot. (if I could insert a facepalm emoji here I would)