- President Donald Trump predicted a “big cut” from the Federal Reserve this week ahead of a pivotal meeting at which the central bank’s governors are expected to ease policy for the first time in nine months.   “I think you have a big cut,” Trump told reporters on Sunday on his way back to Washington. “It’s perfect for cutting.”    The Fed is widely expected to cut interest rates on Sept. 17 as it grapples with a slowing labor market, stubborn inflation and an unprecedented push by Trump for lower borrowing costs. The median estimate from a Bloomberg survey of economists is for a 25 basis-point reduction. Julia Coronado, President and founder of Macropolicy Perspectives, brings us into the market open and discusses whether the Fed will make the "big cut" President Trump is calling for