Easing 'Debate'? Cut Me a Break

When the Yankees are up 3 to 1 in the World Series, someone is going to write about how the Mets might still pull it out.

When a hurricane is headed out to sea, some weather forecaster is going to talk about how it might double back and wreak havoc on the East Coast.

And when the Federal Open Market Committee looks certain to cut the target rate by a half-point, you can be sure to hear from the financial press that the cut might be just a quarter-point, or even that there will be no cut at all. ...