Fed Rate Cut Likely This Week But Will Be "Hawkish" At Best

Episode Transcript

Speaker 1 (00:00):
Inflation still running a bit hot, so a cut might
not be the right move.

Speaker 2 (00:03):
And should also be continuing to speed up the drawdown
of its balance, and that is part of the reason
why we continue to deal with higher inflation rates.

Speaker 1 (00:13):
Economist Joel Griffiths says a politicized FED would be dangerous
and the solution is simple. Rein in government spending does.

Speaker 3 (00:20):
Bar dollars have to either come from the private sector
or have to come from the printing presses of the
subter reserve.

Speaker 4 (00:26):
And that is what truly sparks inflation.

Speaker 1 (00:29):
He says, the FED needs to step in and make
sure we avoid that path. Andre a Parade News Radio
seven forty kt RH