Ongoing inflation is more important than a Fed rate cut, says Charles Schwab's Kathy Jones
Treasury yields dipping again slightly ahead of that. Let's bring in Kathy Jones of Schwab. Kathy, it's good to have you on the program. Um, you know, it's one thing for the Federal Reserve to say something. It's another thing for the bond market to do something and the Fed can do what it says.In Europe, they've been cutting rates and borrowing costs have gone up, not down. What do you expect to happen on Wednesday and going forward. Yeah, Brian, I I think the key is not so much the Fed cutting because that ...