A June jobs report could be telling to the Fed's next steps on a possible rate cut.
Wall Street is still reacting to the Fed’s dovish turn and anticipating more rate cuts to come. But Lindsey Bell, investment strategist at CFRA, says economic data shows a rate cut really isn’t needed. She spoke with Yahoo Finance’s Alexis Christoforous, Brian Sozzi and Brian Cheung.
Minneapolis Fed President Neel Kashkari advocated for a 50 basis point rate cut in Wednesday's policysetting meeting.