Fed rate cut odds getting lower and lower because of 'hot' economy, says economist Allison Schrager

Allison Schrager, The Manhattan Institute senior fellow, and Wendy Edelberg, Brookings Institution senior economic studies fellow, join 'Squawk Box' to discuss the nation's ability to issue debt, how the consumer and businesses are shaping with the economy, and more.

[charlotte.ethan]

The market is echoing the 2015-16 scenario, poised to reach new heights, but may experience a sideways trend until fed signals rate cut. I recently sold 25% of my portfolio, comprising struggling stocks recommended by certain financial YouTubers, which unfortunately took a significant hit.

[rickhayes-ohzm]

Inflation expectations are super high.

[miso]

They are not talking about the cost to borrow. People are drowning in this economy in order to maintain. If you don’t spend money you can’t eat and even get to work. These folks are disconnected; however, not saying it’s a bad thing. They are blessed to see things from their perspective.

[nickvin]

In other news, water is shockingly wet.

[beakerfish]

I THINK THAT IT SHOULD BE ODDS GETTING HIGHER FOR LOWER PROBABILITY CHANCE.

[rickhayes-ohzm]

They didn't before they had rates at zero.

[chri]

High rates are feeding services inflation

[mg-byuu]

hahahahaha "hot economy". It's hot alright 🔥🔥🤣😭

[rickhayes-ohzm]

Weak economy high inflation what is the word for that

[huynguyentoantin]

"a very strong economy" whoa

[yvoibeh]

if fed cuts rate and QE and start debt monetization...
every asset will inflate fast.

[willtwain]

Nobody talked about debt when Trump was racking up $8 Trillion in debt while demanding Powell lowering rates to zero. LOL.

[khockhong]

i got student loan forgiveness now i hope they can do the same for my credit card

[SportsAutodidact]

Lol hot economy???? We are going into a great depression

[kevin]

Who is allison, and why do we care what she thinks

[rickhayes-ohzm]

You are not in a hot economy. You are in a depression

[Judge]

I find it adorable that your first speaker is so programmed to attribute goodwill and fiscal prudence to the current administration of the US Govt when, empirically, they are guilty of neither.

[BRuane-pwxq]

EVERY GOP President since Hoover has had a Recession ALL of THEM different weak, pathetic excuse each time but ALWAYS a RECESSION ALWAYS.

[mukainoda]

inflation is just like toothpaste goes out and never put it back again