The Fed has to accept disinflation has stalled out, says BNY's Vincent Reinhart
CNBC Televisionยท2025-08-14 15:40
Let's bring in Vincent Reinhardt this morning, BNY Investments, chief economist, former economist of the FOMC. Vincent, great to have you. Uh, I got to know where your head is around this conversation and and this morning's print, too.>> Uh, so we're in pretty deep waters after your conversation with uh the bank president and and Steve. But where where we are, you know, we think the Fed's going to cut uh 25 basis points at the September meeting. The PPI number this morning was not about if, it was about how ...