Surveillance: Markets with Wu Silverman
Bloomberg Surveillance
00:00
The Fed's Cutting Rates for a Reason
History tells you the Fed's cutting rates for a reason. They're either achieving their goals on the inflation side in this case, or there's been a stronger downturn in the economy and policy is shifting towards helping activity recover. I would still put a hike in June or July at kind of the 30 to 40 percent range that the data on net is still still pretty strong. And if it's it probably needs to see two to three months worth of evidence to make that decision.
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