Don't these geniuses remember the "stagflation" of the Bernes-era Fed? We might as well call for a return of polyester, herpes, and the Captain and Tennille...
I think the Fed should hold, but have a feeling that they won't over the next three months. We really do need a shakeout in the home market.
Oh I remember, that is why I am dreading any rate cut.
Who cares what the dollar is worth if the economy goes down the toilet. Besides, the best thing for the dollar is to keep the economy going, which requires a rate cut. The impact to the dollar has already been factored in.
I liked Captain and Tennille.