Concluding a jam-packed week for markets, the Federal Reserve exited its November policy meeting by deciding to cut interest rates by 25 basis points. Market Domination anchors Julie Hyman and Josh Lipton host a panel of experts to react to this news, while also covering Fed Chair Jerome Powell's press conference that followed and the day's biggest market stories.
EY chief economist Gregory Daco, John Hancock Investment Management co-chief investment strategist Emily Roland, and Federated Hermes senior portfolio manager RJ Gallo all join the program to give their initial reactions to the widely expected rate cut and what the Fed's rate outlook could look like under a second Trump administration.
Former Federal Reserve Bank of Kansas City President and CEO Esther George also weighs in on the decision: "They still have inflation over target, and they're happy with the labor market where it is, but they still have work to do."
Bernstein senior analyst Daniel Roeska comes on to explain the reason behind his downgrade on Ford (F) shares to Market Perform.
To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
Other top trending stocks on the Yahoo Finance platform include Vistra Corp. (VST), AppLovin (APP), and MercadoLibre (MELI).
This post was written by Luke Carberry Mogan.