Remarkable that Fed and markets came into alignment regarding rate cuts

Karl Schamotta, chief market strategist with Corpay, joins BNN Bloomberg to discuss his expectations for the Fed's rate decision this afternoon. Schamotta says once the Fed starts cutting rates, it won't press the brake pedal that dramatically, adding there will be pauses in-between meetings. Subscribe to BNN Bloomberg to watch more videos: https://www.youtube.com/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: https://www.bnnbloomberg.ca For a full video offering visit BNN Bloomberg: https://www.bnnbloomberg.ca/video BNN Bloomberg on Facebook: https://www.facebook.com/BNNBloomberg BNN Bloomberg on Twitter: https://twitter.com/bnnbloomberg BNN Bloomberg on Instagram: https://www.instagram.com/bnnbloomberg BNN Bloomberg on LinkedIn: https://www.linkedin.com/company/bnn-bloomberg -- BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.