Fed appears to be the market's 'friend' this cycle: Strategist

The Federal Reserve has left interest rates unchanged as inflation continues to cool. Oppenheimer chief investment strategist John Stoltzfus joins Morning Brief to discuss the policy decision and how markets are responding to it.

Uh But we're still in that period where overall the fed is still is, is cautious before it, it determines that it will start cutting, it is signaling, you know, it looks like one cut this year we came into this year thinking when the fed was saying it was going to go three, we said, well, perhaps two times and then when everybody was saying 3 to 5 cuts and some people 5 to 7 and even more as I recall, we thought the economy was falling apart but we don't believe, uh, we thought, you...

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The market believes the Fed put is in play: StrategistThe NFIB Optimism Index and the Consumer Price Index, key economic data, are set to be released ahead of the Federal Reserve's interest rate decision...
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