The Fed should hike interest rates, says SMBC’s Joe Lavorgna
CNBC Television·2026-07-28 19:37
Joe Leavia is chief economist at SNBC Americas and former counselor to Treasury Secretary Scott Bessant. Let's just be clear on where you stand on this first. Joe, hike, hold, or cut. >> Hike. >> Hike now, >> hike tomorrow.Why >> hike. >> Because the economy is fine. Uh inflation risk is to the upside.The Fed cut 75 last year. The last move very contentious when it was in December uh to guard against unwanted weakness in the labor market. Labor market's healthier.It's stabilized. It's improving. take back t ...