Federal Reserve officials cut interest rates by 25 basis points on Wednesday. During Fed Chair Powell’s post-announcement presser speech, Powell noted that a December rate cut is “not a foregone conclusion.”
JPMorgan Asset Management global market strategist Meera Pandit joins Market Domination host Josh Lipton to discuss how the confluence of Powell’s remarks and the Fed’s rate cut decision impact the broader economic and market landscape, and what that means for investors.
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