Expectations are for higher inflation and lower growth, says RBC's Frances Donald

aside, let's talk about expectations because again, no cut right now. But we knew that not one person thought there was going to be a cut today. But when I'm looking at the end of this year into next year, the expectations, the dot plots are all over the place.Where do you and RBC fall. >> Well, we expect the fed to cut later this year, but look at the balance of shifts in these forecasts. We're going from stagflation light to stagflation moderate.And this is going to be the story for the US economy. Inflat ...