"Golden Finance reported that many investors and some economists fear that the Fed has waited too long, putting the labor market and economic growth on thin ice and injecting volatility into financial markets. The latter was evident in the US Treasury market last Friday when traders suddenly renewed their bets on a 50-basis point rate cut. The November presidential election has also put the Fed in an uncomfortable position. Republican candidate, former President Trump, warned that the Fed should not cut rates before the election, while Democratic Senator Elizabeth Warren pressured officials to cut rates by 75 basis points."