Rate cut may help to maintain inflation goal credibility

2019 inflation may fall short of target

Fed needs to tread carefully to sustain US expansion

Any adjustment in policy would be in response to incoming data

Current trade disputes could become entrenched

That could alter global trade patterns over the medium-term

China selling US Treasuries not as big a threat as it is made out to be

Flat US yield curve is a little bit worrisome

Hopes that yield curve will steepen somewhat from here

Chances of global or US recession is 'no higher than it ever was'