Instant Reaction: The Fed Decides

Diane Swonk, Chief Economist at KPMG with expertise in US monetary policy, joins Matt Lozetti from Deutsche Bank, who analyzes macroeconomic trends, and Bob Michael, a financial expert focused on the bond market. They delve into the Federal Reserve's decision to cut interest rates by 25 basis points, exploring its implications for inflation and the labor market. The discussion also covers investment strategies in the bond market, challenges from a weaker dollar, and the importance of clear communication during Fed announcements.