Instant Reaction: The Fed Decides

Matt Lozelli, an analyst at Deutsche Bank, discusses the Federal Reserve's recent decision to cut interest rates by 25 basis points and its ripple effects on the market. He highlights internal dissent among Fed members and the balance between data and speculation. The conversation dives into the labor market's impact on inflation forecasts and the Fed's cautious approach to future rate cuts. Matt also analyzes market reactions, including fluctuations in currency and stock values, revealing a complex economic landscape shaped by these critical decisions.