“The rate cut today is a done deal. That goes without saying.”

With expectations for a rate cut, investors are turning their attention to the Federal Reserve’s accompanying statement at its July meeting, noted Sean Simko, Head of Global Fixed Income Portfolio Management.

Simko joined Yahoo! Finance’s “On the Move” to share his thoughts on how too dovish or too hawkish a statement may impact markets, the Federal Reserve’s independence, and our expectations for future rate cuts this year.

Watch the full segment

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