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The Fed needs to be wary of fanning flames of cut expectations, says Roth Capital's Michael Darda
CNBC Televisionยท2025-08-19 17:29

My next guest argues, however, that there is a strong case to skip cutting rates next month. For more, let's bring in Michael Darta, chief economist, macro strategist at Roth Capital Partners. Uh, Michael, why are you wary perhaps or don't think that it is the appropriate time to cut in September.>> Thanks for having me on, David. Look, I think they're going to cut 25 basis points in September. It's pretty much fully priced at this juncture.Uh but there was a much stronger case a year ago in my opinion beca ...