Business: Dimartino Booth and Correspondent

business: But what happens in 2020 is anybody's guess, according to Danielle DiMartino Booth, CEO and chief strategist at Quill Intelligence, according to CNN. DiMartino Booth will be talking about the Fed with CNN Business correspondent Alison Kosik on the Markets Now show Wednesday afternoon at 12 45 ET. Paul Volcker, former Fed chairman who fought inflation, dies at 92 Despite concerns that the trade war with China would hurt the broader economy and Corporate America, stocks remain near all-time highs and consumers keep spending. With traders pricing in a nearly 98% chance that rates will remain steady, that's about as close to a slam dunk decision as you can get. That gives the Fed good reason to do nothing after three rate cuts earlier this year. Read More In fact, the lack of any significant inflation pressure means that the Fed could once again cut rates in 2020 if the economy starts to lose some steam. The Fed will stand pat on Wednesday and cannot sound too hawkish, DiMartino Booth told CNN Business, meaning that it is unlikely to hint at any future rate hikes. (news.financializer.com). As reported in the news.