- Does not know if there will be a cease fire agreement with Putin
- New arms agreements are possible. (Putin refered to this earlier today)
- Does not tell the Fed what to do
- Maybe the Fed starts with a 25 basis point cut and accelerates.
- The Fed could cut by 50 basis points
- Says there is room for a series of cuts
- ON Fed chair job, need someone who is going to rationalize it
- Models on neutral rate suggest it is lower
This article was written by Greg Michalowski at investinglive.com.