Catalysts hosts Seana Smith and Madison Mills sit down with S&P Global Ratings Global chief economist Paul Gruenwald and Touchstone Investments global market strategist Crit Thomas to discuss how the market could react to Wednesday’s expected interest rate cut and what investors could anticipate going forward.

Thomas tells Yahoo Finance he expects the Federal Reserve to indicate it will continue to do 25-basis-point cuts for the remainder of 2024, which he says is “pretty much consensus” so it shouldn’t be “a big surprise for the markets.”

Gruenwald explains that following Fed Chair Jerome Powell’s comments at the Jackson Hole Economic Symposium, the Fed has shifted its focus and “concluded that inflation is under control” and “they're going to pay more attention to full employment.”

For more expert insight and the latest market action, click here to watch this full episode of Catalysts.

This post was written by Naomi Buchanan.