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This is John Bachelor conversation with my colleague colleague Elizabeth Peak of Fox News of the Hill columnist at both

about the Federal Reserve and its expectations of achieving 2% inflation sometime in future.

What does that mean for the election year of 2024?

Mr. Powell will announce that they're watching the data.

He will announce that he doesn't want to

speculate however I ask Liz let's speculate will there be cuts in the

election year which would boost the reelection chanceselection chances of the president.

Will the cuts be in the springtime and the summertime?

Liz answers entertainingly, because it's a game,

and the market is expecting something.

Here's Liz.

Well, they already are.

I mean, that's why the market's up so much because there is this expectation of cuts now

...