#Markets: As many as 3 quarte- point cuts by year's end? Liz Peek The Hill. Fox News and Fox Business
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 17 July 2024
⏱️ 11 minutes
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Summary
#Markets: As many as 3 quarte- point cuts by year's end? Liz Peek The Hill. Fox News and Fox Business
https://www.bloomberg.com/opinion/articles/2024-07-16/-trump-trades-timing-with-one-eye-on-gop-platform-yield-curve?srnd=undefined&sref=5g4GmFHo
1860 OYSTER STANDS NYC
Transcript
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| 0:00.0 | Oh, he's cute. Mr. I can never sleep when I'm traveling. He's hugging his pillow like a sloth on a branch. |
| 0:10.0 | He couldn't sleep before. Now listen to him. Sounds like an elephant with a chest infection. |
| 0:15.0 | Well, they call him a dreamer. And now they're right. |
| 0:19.0 | All aboard, Mr. I can never sleep when I'm traveling. |
| 0:23.0 | Find all the comfort you need in the quiet lounge. |
| 0:26.0 | Piando Ferries, there is another way. This is CBS I on the world with John Bachelor. |
| 0:37.0 | Here's John Bachelor. |
| 0:42.0 | The American economy watching the Federal Reserve Jerome Powell, the Chairman. |
| 0:47.0 | Wall Street Journal reporting. |
| 0:49.0 | Powell's signals rate cut coming into view but declines to say when. A story we've watched for |
| 0:56.8 | some time develop, you will all recall that at the beginning of 2024 there were multiple cuts presumed from the Federal |
| 1:05.0 | Reserve three was the number I remember in the winter that went up to |
| 1:09.6 | speculation on Wall Street as high as seven and then with mixed numbers from the |
| 1:14.8 | economy in the spring late winter early spring plunged to nothing happening |
| 1:20.8 | and then it coasted along to what? |
| 1:24.8 | Now we're watching Mr. Powell wait for what? |
| 1:28.8 | I welcome Liz Peek. |
| 1:30.7 | She writes a column for the hill, a column for Fox News, much on Fox Business, |
| 1:35.0 | because watching the Federal Reserve is a sport. |
| 1:38.0 | It's like tennis. You watch the ball go back and forth, |
| 1:41.0 | and then at some point a number of people cheer. A very good day |
| 1:46.0 | to you Liz. All right the ball's going fast into the court of the defending |
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