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Ferguson: The market tilt is toward a cut, possibly as soon as September
CNBC Televisionยท 2025-08-25 11:58
All right. So, the market clearly saw what JPL had to say as dovish. You just saw the market reaction.The S&P again having its best day in almost three months. How did you view it in some of what seemed to be some couching by JPAL about the Fed's strategy going forward. >> I think your word couching might be relevant.I would use a word maybe a bit more nuanced. So certainly I think the market read the uh summary in the right direction which is a tilt towards a cut possibly as soon as September. But I think ...