Evercore ISI's Krishna Guha: The Fed will be in 'wait and see mode' today

This morning, our next guest does expect a rate cut to come in September. Joining us this morning to discuss is Evercore ISI Vice Chair Krishna Guha. Christian, welcome back. Good to see you again. Great to see you. Doesn't sound like you expect any change today, even on the dots. But what kind of soft guidance do you think he might give about the fall? Look, I think that the Fed's going to stay very much in wait and see mode today. Now, we've had some interesting data come in, right? The top tier data for ...