The Fed just cut rates: Here's what it actually means for the economy

Joining me now, Ben Emmens, founder and CIO of Fed Watch Advisors. Ben, thanks so much for being here. >> Good morning, Caroline.It's good to be on. Thank you. >> So, Ben, the Fed cut interest rates for a second time this year.They're now below 4% for the first time since what, late 2022, I believe. How significant is the cut for both the economy and for the stock market. >> I need to make a sale.Oh, it has significance because you know the Fed is alert about what's going on in the job market, but it's not ...