Why former CEA chair Furman says Fed shouldn’t cut rates in December

The odds for a rate cut at next week's meeting now 90% according to the bond market. But our next guest says the Fed should not be cutting. Joining us here is former CEA chair Jason Ferman who is now a professor at Harvard Kennedy School was in the Obama administration.It's great to have you Jason. Welcome. >> Great to be with you.>> You do not think the Fed should be cutting. >> Yes. First of all, I don't disagree.They are going to cut next week. >> But they have a dual mandate. They are about onetenth of ...