jon-lovito-ir-no-cut
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I think the Fed took a pause here
because they feel like
they could wait a little bit
and see what happens
with the U.S. economy.
And while we’ve seen
a little bit of slowing,
generally the economy
is in fairly good shape.
They also want to see how the
U.S.-China trade conflict plays out
and see what that effect
will be on the U.S. economy
going forward. So, they’ll react
going forward if they have to,
but right now, they felt
they could take a little time.