Tuchman: 50bps Rate Cut "Warranted" but Unlikely, Keep Tariff Picture in Mind
Description
Ahead of Wednesday's interest rate decision, Peter Tuchman talks about the possibilities of a 25bps rate cut and a 50bps. In the event of a 50bps cut, he expects a "kneejerk" market reaction to the downside. On the tariff front, Peter warns that consumers still haven't experienced the true impact of tariffs no matter what the Fed's decision ends up being.
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