We're back to expecting a rate cut on December 11. Meyer changed people's thinking by essentially saying there's no limit as to how low (the federal funds rate) could go and today we're getting an added boost from the (weak) stock trade.

Chris Rupkey

Changed Cut December Essentially Expecting Limit No Rate Saying Thinking

Related Quotes

As far as energy prices and core consumer prices, so far it is all smoke and no fire. Rising energy costs have not yet fed into the costs of other goods, despite many anecdotal signs that prices are being impacted.

— Chris Rupkey

ConsumerCoreEnergy

Holding the rate in December was just a pause.

— Tomas Flores

DecemberHoldingPause

The overall PMI shows we are still in rate cut territory. But the PMI has been below this (current) level and the ECB has not cut rates, so this survey on its own will add little to the chance of a rate cut.

— Chris Williamson

BelowCurrentCut

There is no such thing as expecting too much.

— Susan Cheever

It doesn't look like a rate cut is in the cards.

— David Leaver