Video Roundup: Rate Cut Verdict
By: Greg Levine | Features Editor
The Federal Reserve acted Tuesday, cutting the fed funds rate and the discount rate by a half-percentage point each. Oil jumped to a new high as the news was announced and immediately afterwards, stocks rallied in the strongest reaction to a Fed move since 2001.
With the Fed funds rate now at 4.75 percent and the discount rate at 5.25 percent, where will the market go? CNBC's experts offered their insights.
Investor Consequences
Bob Doll, vice chairman and CIO of equities at BlackRock, and Kenneth Heebner, portfolio manager for the CGM Realty Fund, tell CNBC's Erin Burnett what the Fed decision will mean for investors.
Analyzing The Fed Move
David Malpass, chief economist at Bear Stearns, and Bruce Kasman, chief economist at J.P. Morgan Chase, break down the Fed's statement. With CNBC's Dylan Ratigan.
Bonds' Eye View
Bill Gross of PIMCO and Ken Volpert of Vanguard, managers of two of the world's largest bond funds, predict the impact of the Fed's decision.
Fed Vets Weigh In
Susan Bies, former Fed governor and Robert McTeer, former Federal Reserve Bank of Dallas president, tell why they were "surprised" by the Fed's aggressiveness -- and why they think the cuts were right. With CNBC's Erin Burnett.
