Chip Somodevilla/Getty Images; Chelsea Jia Feng/BI
- Speculation about a Federal Reserve emergency rate cut rose after weak July jobs data.
- Markets expect a 50-basis-point cut by September as the Fed tries to achieve a soft landing.
- Experts say an emergency cut could signal panic, so the Fed is likely to wait until September.
Speculation that the Federal Reserve will issue an emergency rate cut before its September meeting has swirled in recent days after weaker-than-expected...