“I think they can wait for a long time with interest rates where they are now. All I see is a more surgical approach. A nip and a tuck They’re going to have to wait until the conditions are right and it’s going to be later than markets are expecting.”
–Lara Rhame
Chief U.S. Economist Lara Rhame joined Fox Business to discuss rate cut expectations following the latest news from the Fed. She addressed recent CPI data, the impact of inflation on household spending and where analysts may be missing the bigger picture in macro.