2 economists explain why the Fed should cut rates more than expected next month

• Most investors on Wall Street are pricing in a 25-basis-point interest rate cut in September.
• But economist Claudia Sahm sees a strong case for a 50-basis-point cut, given labor weakness.
• Jeremy Siegel also noted that policy exceeds the neutral rate, risking a recession.

All of Wall Street seems to be anticipating imminent interest rate cuts, but economists remain split on how far the reduction should go.