CNN Early Start with Christine Romans and Dave Briggs October 4, 2019 09:13:00
The reasons why the market appeared to bounce way off the lows yesterday was because the odds of a rate cut in october have sky rocketed. they have gone up to 90%. a week ago they were at 50%. people were worried about the economy. jay powell will have to respond to that. when it gets around 90%, 100%. they don't have a choice but cut rates. >> you made this point in your stories. the fed can't fix a trade war? >> no. no magic war for trade war. borrowing costs are already really low. they could extremely soften the blow and it is helping on real estate and help with autos, as well. if you're ...