Direction of next Fed move is not obvious, says Fmr. Richmond Fed President Lacker
CNBC Television·2025-06-18 21:26
For more on the Fed, let's bring in Jeffrey's chief market strategist, David Zervos, and former Richmond Fed President, Jeffrey Lacker. Guys, welcome. Uh, Jeffrey, so uh, the Fed seems to be listening to these calls for a meaningful amount of inflation perhaps in the back half of the year.What's the meaningful data that could counter that and still lead to a cut. Is it employment related. No, I don't think so.Um, I mean, if employment fell out of bed, of course, they'd react, but it looks like the employmen ...