Fed is in no hurry to cut rates, says BNY's Vince Reinhart
CNBC Television·2025-06-24 21:03
Well, joining us now is BNY Investments chief economist and former Federal Reserve Director of the Division of Monetary Affairs, Vincent Reinhardt. It's great to have you back on the show. Welcome.I want to start right there because we've had a lot of Fed speak to start the week and certainly Powell with his semiannual testimony on the Hill, part one of two days here today. The market seems to be taking his messaging maybe slightly more doubbish. But I'm not sure it's the right way to take his messaging, bu ...