Might expect something soon..
The number of rate increases in the past 3 years prior to the few recent cuts still provides more than enough room to help stem the tide with a rate cut now (and this would certainly qualify as a good time).
Perhaps Larry Kudlow was right - he would know. But I prefer to give the Fed credit for being outside of politics (if that is possible).
I wonder if some of you market professionals might comment on your opinion as to the likilhood of a rate cut, and the rationale for or against it. How do the otherwise excellent fundamentals of the market and our economy play in to the decision, and how much, if any, do pilitics play in to it?
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