"I've been saying no cuts for a long time. Now there's a consensus for a hike. I think that's going too far in the other direction" Noelle on why the market has overcorrected and why no hikes and no cuts is the only outcome that makes sense right now "Nobody is going to have the courage to vote for a rate hike when there is still so much uncertainty. We don't know if this is transitory or not" "No hikes will keep Trump happy. No cuts may not keep Trump happy but he'll be quiet and that gives the Fed some breathing room"
