Fox’s Edward Lawrence: Federal Reserve Has ‘No Clarity’ About Where They’re Going with Rate Cuts

EXCERPT:

POWELL: “So there is no real certainty. And I mean, it’s actually a good thing to know that we don’t know exactly where it is. So, you’re not, you’re not tempted to think, oh, I think this model or this estimate is right. You just have to be open to, you know, the empirical data that are coming in.”

[Clip ends]

LAWRENCE: “Fed speak for, there is no clarity as to where they’re actually going, the Federal Reserve in this rate cut cycle and where they may end up from this rate cut cycle, something the markets obviously didn’t like as well.”