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home / news releases / LOW - The Fed Won't Cut Not Next Week Next Month August Or September


LOW - The Fed Won't Cut Not Next Week Next Month August Or September

No Cuts and Maybe a Raise!

Saying no cut in June is no big risk; July will give us the first swipe of Q2 GDP. I am counting on the GDP not being under 1.5%, perhaps 1.9%. I firmly believe we will not see a negative number, and I further believe the economy will reaccelerate in the latter half of the year. If I was really going to lead with my chin, I would have a headline up there saying no rate cuts in 2019 and a rate rise in the first quarter of 2020.

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Stock Information

Company Name: Lowe's Companies Inc.
Stock Symbol: LOW
Market: NYSE
Website: lowes.com

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