Market Domination hosts Julie Hyman and Josh Lipton spend the afternoon analyzing investor responses to today's Federal Reserve interest rate decision.
While the central bank delivered its anticipated 25 basis point rate cut, US equity markets (^DJI, ^IXIC, ^GSPC) slid following Fed Chair Jerome Powell's press conference, which provided limited guidance on future monetary policy.
Wilmington Trust Chief Economist and former Philadelphia Fed adviser Luke Tilley, Janney Montgomery Scott Head of Fixed Income Guy LeBas, Roth Capital Partners Chief Economist Michael Darda, and former Cleveland Federal Reserve President Loretta Mester all share their perspectives on the central bank's path forward following the move.
To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
This post was written by Angel Smith