"The Fed would rather cut too late and risk slight economic weakness than cut too soon and risk a resurgence of inflation," says @KobeissiLetter's @TKL_Adam as Fed Governor Waller still sees "no rush" to cut interest rates.
@LastCallCNBC @KobeissiLetter @TKL_Adam Of course they would rather wait. It’s better for their election candidate.
@LastCallCNBC @KobeissiLetter @TKL_Adam So that's how @KobeissiLetter looks like
@LastCallCNBC @KobeissiLetter @TKL_Adam I don't think anything other than a recession will prevent the feds pause from being a mistake. Wages have to go up or prices have to come down (not just go up at a slower pace).
@LastCallCNBC @KobeissiLetter @TKL_Adam Oh, well thank God "it'll only be slight economic weakness" who knew??? It's almost unbelievable but it's CNBC that we could be having this absurd conversation again we had this conversation when the fed funds rate was 2% ridiculous
@LastCallCNBC @KobeissiLetter @TKL_Adam What does rate cut mean to the markets which does not reflect reality anyways. Went up in hope of cuts in rates!
@LastCallCNBC @KobeissiLetter @TKL_Adam So a replay of not raising when covid ramped up inflation. Better late than never. Fed motto.
@LastCallCNBC @KarenPeloille @KobeissiLetter @TKL_Adam Merci beaucoup. Buona Pasqua ti amo tantissimo baci baci baci baci baci baci baci baci baci baci baci baci baci Silvio 💞💞💞💞💞💞💋
@LastCallCNBC @KobeissiLetter @TKL_Adam Stephanie Link is on every day on some CNBC show. Too much exposure
@LastCallCNBC @KobeissiLetter @TKL_Adam After the election, they might do that immediately😊
@LastCallCNBC @KobeissiLetter @TKL_Adam They need to rush to cut before the elections otherwise it will appear that they did it under pressure