Art Cashin joins the Wall Street camp leaning toward a half-percent July Fed rate cut

could slash short-term interest rates by an aggressive half-percent at its next policymaking meeting at the end of July.

Central bankers voted last week to keep rates steady but indicated a cut was possible later in the year if factors such as the U.S.-China trade war were to really hurt the economy.said, at his post-June meeting news conference, "As always, we will act as appropriate to sustain the expansion, with a strong labor market and inflation near our" 2% objective.

Am I the only person alive that understands the motive behind realDonaldTrump's undermining of the Fed? A corrupt family of opportunistic profiteers whose philosophy is to cut the rate, buy, welcome the hike and sell. Inflate and deflate valuation accordingly to maximize profit.

No matter how much they make or have, it’s never enough.

I have heard that a cut in under 4% unemploy. has always led to a recession.?

The punchbowl runneth over. 🍷🍷🍷🍷🍷🍷🍺🍺🥃🥃

Hey remember when all of these republican “experts” warned of hyperinflation if Obama did anything to help working people? Hypocrites and frauds, the lot of you.

Because trump wants to showboat on 4 th of July!

I never take any notice of a word Art Cashin says, and not doing so has never cost me a cent.

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