Break

rate cuts, we don't need rate cuts or do we?

Motley full money starts now. Welcome to Motley Full Money. I'm Deedra Willard here with Motley Fool analyst Bill Barker. Bill, how's your Thursday going?

It's going great. Thanks for asking.

Well, Bill, I'm here with you to talk a little macro today. So yesterday was, it was a Powell day.

We had Fed Chair Jerome Powell's conference yesterday.

No interest rate change.

That was expected, but we are now, I would call it on cut watch.

You know, Powell has said he's kind of, he's prepared to, you know, keep the ship steady,

keep things where they are for now.

Market didn't love that, it's kind of shaking it off today, but should we

have really been surprised and why not just cut the rates? I think because you can't

have your cake and eat it too, that's what the market wants and always wants and that's what the rest of us all want to is to have it all.

But you can't maybe have the GDP going along at above 4% growth, which it was on the

second half of last year, and the forecast on GDP now. on the by the Atlanta Fed, the Atlanta Fed's model anyway.

So the growth is fine.

Inflation has come down, but is not at the target rate.

And the employment picture continues to be excellent and why would you change

what has been working for which one of those things is the problem.

And the minor problem is that inflation is not yet at 2%,

it's at about 3%.

So the reason to have had all the interest rate hikes

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