Standard Chartered Bank pointed out on Monday that a 50 basis point rate cut by the Federal Open Market Committee (FOMC) may be worse than a 25 basis point cut. The bank mentioned, 'The economic data does not fully indicate what consequences a 50 basis point rate cut would have at the upcoming meeting.' Standard Chartered Bank also added, 'It may be worse to make a mistake with a 50 basis point rate cut than with a 25 basis point rate cut.' The bank emphasized that Fed Chairman Powell and the Fed must not disappoint the market. The bank believes that there is a greater risk to a 50 basis point rate cut because it could lead to an increase in the unemployment rate in September.