The inflation fight has stalled. Consumer prices are rising more slowly than they did a year ago, but still hovering at an annual growth rate that is higher than the Fed's 2 percent target. Investors are recalibrating their expectations for when or even if interest rates might start to come down this year.
I do stand by my prediction that before the year is out there will be a rate cut... I'm not sure of that. I don't, we don't know what the Fed is going to do for certain.
And we have a plan to deal with it, whereas the opposition my opposition talks about two things. They just want to cut taxes for the wealthy and raise taxes on other people.
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