Fed to 'Wait as Long as Possible' on Rate Cut, John Kerschner

Yeah. You know, it's interesting because they had that meeting right before that jobs report came out. Look, our view is the Fed is going to wait as long as possible and then probably cut by 50 basis points.Whether that's September or not, it's hard to say. But I think that that it's going to be either probably September or December. I don't think they will be able to wait much longer than that.But the Fed is in a pickle, right. Inflation is going to go up over the next couple of months with these tariffs. ...