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Fed forecast 'very dovish', says Jefferies' David Zervos
Youtubeยท 2025-12-10 21:48
Well, the Dow's up 1% after the Fed cut rates and Fed Chair Powell saying the real division within the Fed now is whether to hold or cut versus any potential hike in the near future. Joining us now is Jeffrey's chief market strategist and CNBC contributor David Zervos. David, the president wanted a half a point cut here.Uh is this quarter enough. >> I think the quarter's uh you know being rejoiced a little bit in the market just because the the market was set up for this hawkish cut and they didn't get it. ...