Evercore ISI’s Krishna Guha on why the Fed is in 'wait and see' mode

You do think the setup is largely about September and how they line that up. And you point out that some of the data has been reassuring. Some of it does point to maybe some below potential growth, right.Yeah. Look, um, we know what's happening this week, right. The Fed is not going to cut.They're going to stick to the wait and see through the summer approach, make the decision in September. Though the two Trump appointees, Waller and Bowman, will, I think, descent in favor of an immediate cut. So yeah, the ...