Guest
December Fed rate cut is definitely in the cards and getting very close to near certain based on Waller's statement and market probabilities
Friday is the blackout period for December meeting, giving Fed few more days to correct course
Host
Asking whether the cut will be hawkish with Powell recognizing FOMC members still concerned about inflation
Host
Guest
Cut will be hawkish with statement that from here on Fed is meeting by meeting, watching inflation numbers