The Fed Is on Pause for an Extended Period of Time

We only have a 17% chance if you look at the work function, the swaps market on an interest rate hike in June. Marvin Lowe: I'm thinking unless there's a massive surprise to upside inflation, to upside jobs, the Fed is on pause for an extended period of time. Doug Krsner has taken a look at markets and our guest is Marvin Lowe, senior global macro strategist at State Street.