Markets Barely Move After Release Of Federal Reserve Minutes

The Federal Reserve cut rates again for the second time this year. Zach Griffiths, Rate Strategist at Wells Fargo Securities, joined Cheddar to discuss.

For weeks, Wall Street has been anticipating interest rate cuts from the Federal Reserve, but recent economic data and U.S.-China trade progress has dampened the need for the Fed's insurance. Art Hogan, chief market strategist at National Securities Corporation, breaks down his expectations from the Fed and talks consumer spending this holiday season.

The OECD has dropped economic forecasts to predict the slowest growth since the financial crisis. Deutsche Bank chief U.S. economist Matthew Luzzetti tells Cheddar that he expects a global economic slowdown, but not a full-fledged recession.