29/01 Indices, page-25

The Grif sounds kinda bullish. You know me - insta reflex in the opposite direction.

Cutting rates in a strong economy - unlikely.

Cutting rates so Fed doesn't go broke paying 5.5% interest on its debt? More likely.

But then --- one of its mandates inflation at 2% could blow up in their face.

Need much more evidence on inflation before the Fed can even think about cutting rates we are not in a low inflation environment just yet. The economy has been strong for awhile now with inflation hovering around 3.5%