Detailed text transcripts for TV channel - MSNBC - 20190131:10:49:00
Interest rate hikes. bill, good to see you this morning. what's prompted the fed to change its tune here? >> reporter: it's a turn around from what we saw back in december. powell saying the case for raising rates has weakened and he would need to see a need for further rate hikes. some analysts pointing to the fact that the fed is focusing more on financial market activity than the underlying economic data. we've seen volatility in the markets as well a that correction to u.s. stocks late last year. some analysts said talking about the u.s.-china trade spat as a significant factor. another in...