Don't expect an intermeeting rate cut by Fed, strategist says

David Rosenberg News

Don't expect an intermeeting rate cut by Fed, strategist says
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After global markets faced a three-day sell-off, all eyes are on the Federal Reserve to initiate an interest rate cut at its September meeting. Rosenberg...

After global markets faced a three-day sell-off, all eyes are on the Federal Reserve to initiate an interest rate cut at its September meeting. Rosenberg Research founder and president David Rosenberg joins Market Domination to discuss the Fed's next moves and how investors can navigate the current market.

Now, frankly, I don't care so much about, you know, whether they go in meeting A B or C, they skip a meeting both 50 basis points at a certain meeting.I know that Powell gave us a ton of information at the podium last Wednesday uh at the press conference after the FO MC meeting where he used the term normalization to describe the economy in the labor market no fewer than 11 times.He didn't have to mention 2019.

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