IT HAS TO BE AVAILABLE IN EVERY MEDICAL CENTER IN THE COUNTRY

MEDICAL CENTER IN THE COUNTRY AND RAPID AS POSSIBLE.

AND RAPID AS POSSIBLE. STUART: PRESIDENT TRUMP HAS BEEN

STUART: PRESIDENT TRUMP HAS BEEN TWEETING ABOUT THIS, I WILL READ

TWEETING ABOUT THIS, I WILL READ IT TO YOU THE LATEST

IT TO YOU THE LATEST PRESIDENTIAL TWEET.

PRESIDENTIAL TWEET. AS USUAL JAY POWELL AND THE

AS USUAL JAY POWELL AND THE FEDERAL RESERVE ARE SLOW TO ACT.

FEDERAL RESERVE ARE SLOW TO ACT. GERMANY AND OTHERS ARE PUMPING

GERMANY AND OTHERS ARE PUMPING MONEY INTO THEIR ECONOMIES.

MONEY INTO THEIR ECONOMIES. OTHER CENTRAL BANKS ARE MUCH

OTHER CENTRAL BANKS ARE MUCH MORE DOING IT MUCH MORE

MORE DOING IT MUCH MORE AGGRESSIVELY.

AGGRESSIVELY. THE U.S. SHOULD HAVE FOR ALL OF

THE U.S. SHOULD HAVE FOR ALL OF THE RIGHT REASONS THE LOWEST

THE RIGHT REASONS THE LOWEST RATE.

RATE. WE DON’T, PUTTING US AT A

WE DON’T, PUTTING US AT A COMPETITIVE DISADVANTAGE.

COMPETITIVE DISADVANTAGE. WE SHOULD BE LEADING NOT

WE SHOULD BE LEADING NOT FOLLOWING.

FOLLOWING. GREG, YOU THIS THE PRESIDENT IS

GREG, YOU THIS THE PRESIDENT IS SAYING EXACTLY WHAT YOU’VE BEEN

SAYING EXACTLY WHAT YOU’VE BEEN SAYING?

SAYING? >> YOU COULD HAVE PREDICTED THAT

>> YOU COULD HAVE PREDICTED THAT TWEET.

TWEET. I’M SURPRISED IT TOOK HIM THAT

I’M SURPRISED IT TOOK HIM THAT LONG TO SAY SOMETHING LIKE THAT.

LONG TO SAY SOMETHING LIKE THAT. THIS IS A PERIOD WE NEED TO RELY

THIS IS A PERIOD WE NEED TO RELY ON THE EXPERTS, DOCTORS AND

ON THE EXPERTS, DOCTORS AND SCIENTISTS.

SCIENTISTS. I’M NOT SURE IT IS ALL THAT

I’M NOT SURE IT IS ALL THAT PRODUCTIVE FOR TRUMP TO SAY THAT

PRODUCTIVE FOR TRUMP TO SAY THAT THE FED WILL MOVE, POWELL

THE FED WILL MOVE, POWELL INDCAUGHTED THAT ON FRIDAY.

INDCAUGHTED THAT ON FRIDAY. IT WAS NOT A HELPFUL TWEET.

IT WAS NOT A HELPFUL TWEET. STUART: KEITH PUTS, YOU THINK

STUART: KEITH PUTS, YOU THINK THE PRESIDENT AND LOTT OF

THE PRESIDENT AND LOTT OF INVESTORS WOULD LIKE THE RATE

INVESTORS WOULD LIKE THE RATE CUT NOW, NOT NEXT WEEK, NOW.

CUT NOW, NOT NEXT WEEK, NOW. >> THE FED CAN’T BE SYCOPHANTS

>> THE FED CAN’T BE SYCOPHANTS TO TRUMP.

TO TRUMP. THEY HAVE TO DO IT AT THEIR

THEY HAVE TO DO IT AT THEIR PACE.

PACE. THERE IS FED MEETING IN COUPLE

THERE IS FED MEETING IN COUPLE WEEKS.

WEEKS. MAYBE WE’LL WAIT UNTIL THEN.

MAYBE WE’LL WAIT UNTIL THEN. THE FED CAN’T SHOW THE WORLD IT

THE FED CAN’T SHOW THE WORLD IT DOES EXACTLY WHAT TRUMP WANTS AT

DOES EXACTLY WHAT TRUMP WANTS AT THE TIME HE WANTS.

THE TIME HE WANTS. STUART: REBECCA WALSER, COME

STUART: REBECCA WALSER, COME INTO THIS PLEASE.

INTO THIS PLEASE. IF WE HAD A RATE CUT BY THE

IF WE HAD A RATE CUT BY THE FEDERAL RESERVE IN THE VERY NEAR

FEDERAL RESERVE IN THE VERY NEAR FUTURE, WOULD THAT HELP?

FUTURE, WOULD THAT HELP? >> I THINK WHAT YOU’RE SEEING

>> I THINK WHAT YOU’RE SEEING FEDERAL RESERVE JEROME POWELL ON

FEDERAL RESERVE JEROME POWELL ON FRIDAY, LETTING PEOPLE KNOW,

FRIDAY, LETTING PEOPLE KNOW, CALMING MARKETS THAT THE FED

CALMING MARKETS THAT THE FED WILL IS WATCHING AND WILL TAKE

WILL IS WATCHING AND WILL TAKE ACTION THAT IS APPROPRIATE.

ACTION THAT IS APPROPRIATE. WE SAW THE REBOUND ON FRIDAY

WE SAW THE REBOUND ON FRIDAY AFTERNOON AS SUSAN MENTIONED.

AFTERNOON AS SUSAN MENTIONED. THE FED IS A FACTOR HERE.

THE FED IS A FACTOR HERE. WE LOOK FOR THAT.

WE LOOK FOR THAT. AGAIN WE’LL STILL HAVE EMOTIONAL

AGAIN WE’LL STILL HAVE EMOTIONAL BACK AND FORTH.

BACK AND FORTH. ONCE CASES ARE SPREADING IN THE

ONCE CASES ARE SPREADING IN THE UNITED STATES, PEOPLE WILL

UNITED STATES, PEOPLE WILL EMOTIONALLY OVERREACT.

EMOTIONALLY OVERREACT. SO WE HAVE TO BE PREPARED FOR

SO WE HAVE TO BE PREPARED FOR THAT.

THAT. THIS IS GOING TO SPREAD.

THIS IS GOING TO SPREAD. THIS IS GOING TO AFFECT US.

THIS IS GOING TO AFFECT US. IT IS GOING TO AFFECT TRAVEL AND

IT IS GOING TO AFFECT TRAVEL AND MAKE PEOPLE STAY HOME.

MAKE PEOPLE STAY HOME. CONFERENCES ARE BEING CANCELED.

CONFERENCES ARE BEING CANCELED. WE HAVE TO BE PREPARED FOR THAT

WE HAVE TO BE PREPARED FOR THAT AND THE FED IS NOT GOING TO BE

AND THE FED IS NOT GOING TO BE ABLE TO STOP THAT FULL STOP.