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Date
Summary
John Lonski: We May Not Have a Rate Cut During the First Quarter of Next Year, As the Fed Takes a ‘Wait and See Stance’
Subjects
Source
Fox Business Network
Name: Fox Business Network
URL: http://www.foxbusiness.com/index.html
Show
Maria Bartiromo’s Wall Street
Name: Maria Bartiromo’s Wall Street
Persons
Maria Bartiromo
, John Lonski
Name: Maria Bartiromo
Employment: FOX Business Network
Position: Global Markets Editor
Name: John Lonski
Employment: The Lonski Group
Position: President
Event
Event location
–
Link
–
Original recording
Uploaded
11/30/2024 03:42 pm
Owner
Elizabeth (staff)
Type
Video
Format
MP4 (720x406)
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Duration
0:01:12
Views
3
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0
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Transcript
RUSH TRANSCRIPT BARTIROMO Okay ░░░░░░░░ what about the Fed ░░░░░░░░ In December we ll ░░░░░░░░ the next fed meeting ░░░░░░░░ is a good chance ░░░░░░░░ we see another rate ░░░░░░░░ although the most recent ░░░░░░░░ from Jay Powell was ░░░░░░░░ aren t in any ░░░░░░░░ so what should we ░░░░░░░░ from the Federal Reserve ░░░░░░░░ potential rate cuts to ░░░░░░░░ LONSKI I m going ░░░░░░░░ go along with market ░░░░░░░░ That is we do ░░░░░░░░ a rate cut in ░░░░░░░░ fed funds goes down ░░░░░░░░ 4 38 but we ░░░░░░░░ not have a rate ░░░░░░░░ during the first quarter ░░░░░░░░ next year as the ░░░░░░░░ takes a more cautious ░░░░░░░░ and see stance the ░░░░░░░░ wants to see whether ░░░░░░░░ not the labor market ░░░░░░░░ not overheat once again ░░░░░░░░ upward pressure on wages ░░░░░░░░ that in turn would ░░░░░░░░ prices higher so yeah ░░░░░░░░ ll see one more ░░░░░░░░ cut at least for ░░░░░░░░ time being but if ░░░░░░░░ turns out that Trump ░░░░░░░░ economic program sets off ░░░░░░░░ economic boom in 2025 ░░░░░░░░ 38 could be the ░░░░░░░░ for this current series ░░░░░░░░ fed rate cuts.”
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