Instant Reaction: Jay Powell on Fed Policy

Dom Constant from Mizzou lends his economic expertise as he dives into Fed Chair Jay Powell's recent policy announcements. They discuss the impact of a 25 basis point interest rate cut amidst market volatility and upcoming elections. Insights on how inflation data shapes rate expectations and the significance of credit markets highlight economic intricacies. Constant also explores the aftermath of pandemic-era policies and the interplay between rising yields and risk assets, capturing the current financial landscape's complexities.