Fed 50 basis-point cut is a ‘risk management’ decision, says New Century’s Claudia Sahm

Fed 50 basis-point cut is a ‘risk management’ decision, says New Century’s Claudia Sahm


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David Kelly, JPMorgan Asset Management chief global strategist; Claudia Sahm, New Century chief economist; and Jim Caron, CIO of cross-asset solutions at Morgan Stanley Investment Management, join CNBC’s ‘Power Lunch’ to break down the Fed’s decision to cut interest rates by 50 basis- points and what it means for markets.

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