50bps point cut from the Fed would be ‘a little desperate,’ strategist says

Ahead of interest rate cuts expected next week, Sound Income Strategies co-CIO Eric Beyrich joins Julie Hyman and Josh Lipton on Market Domination.

Beyrich says next week’s cuts will likely be 25 basis points as a 50 basis-point cut from the Federal Reserve would “would be a little desperate” and “signal that they’re behind the curve.”

At next week’s Fed meeting, Beyrich tells Yahoo Finance he will “pay attention to what they say and what they do,” as well as looking “at the other economic data that come along with it.”