Markets relieved Powell didn't tell a neutral story, says BMO Private Wealth's Carol Schleif
CNBC Televisionยท2025-08-22 21:19
Well, joining us now, Vincent Reinhardt, chief economist at BNY Investments, and Carol Schlife, chief market strategist at Beimo Private Wealth. It's great to have you both here. Vincent, I'm going to start this conversation with you because I was speaking to Loretta Mester earlier today on the exchange, and she said that she was a little surprised how straightforward Pal was in terms of signaling uh his willingness to cut rates next month, but she did also say she thought this would be a hawkish cut if we ...