July Fed cut is off the table and September's is now in question, says CFR’s Rebecca Patterson
CNBC Television·2025-07-03 17:33
Well, the major averages are ending the week in a positive territory following a strong jobs report that suggests the economy is still humming. Will this data give investors a reason to keep the rally going. Joining us now right here on set, senior fellow at the Council on Foreign Relations and former Bridgewwater Associates chief investment strategist Rebecca Patterson.Rebecca, welcome. It's great to have you. Great to be with you guys.Let's start right there. Does this market melt up with the S&P and the ...