Powell 'looking more cautious than ever': Economist

Welcome back. We're following the latest move from the Federal Reserve. The central bank cutting its benchmark interest rate by a quarter point, lowering it to 3.75% to 4% range.It's the lowest it's been in about three years. But because of the government shutdown, officials were forced to make this major decision without key economic data. And joining us now, Justin Wolfers, professor of economics and public policy at the University of Michigan.Uh, always good to have you here. So, what's your initial take ...