Fri, Jul 19, 2019

Chris Campbell Talks Rates and Market Reaction

Chris Campbell, Chief Strategist at Duff & Phelps as well as the Duff & Phelps Institute, talks about the upcoming Federal Reserve Open Market Committee meeting on July 30-31 and market reaction on CNBC Worldwide Exchange.

“The market thinks we’re going to get a rate cut, but I’m not a 100% certain about that. I’m a little concerned that the Fed — needing to be independent and being independent — may surprise a lot of people and keep rates unchanged,” Chris said. “Chairman Powell is a person of great integrity and wants to make sure the Fed is independent.”

Watch the full interview here.

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