Dovish 25bps cut likely, a hawkish 50bps cut unlikely, says Paul McCulley

addressed this earlier as he left the white House. >> Do you believe the Federal Reserve is an independent body. What do you think about the independence.It should be. It should be, but I think they should listen to smart people like me. I think I have a better instinct than him.If you look, all the economists got it wrong. I got it right along with one of the people out of 100. They should listen to people that are smart.Nothing wrong with that. But they have to make their own choice. But they should liste ...