Sarah Bloom Raskin, former Fed governor and deputy treasury secretary, joined CNBC’s “Squawk Box” to discuss Chairman Powell’s latest remarks. “I think Chairman Powell has given a message to markets that’s indicating that a rate cut is coming. This is, in essence, a very strong signal that the FOMC is actually ready to talk about cutting rates,” said Raskin.
Powell is indicating that a rate cut is coming: Former Fed governor
CNBC: Sqwuak Box
June 5, 2019, 1:59 AM EST