Vince Reinhart: The Fed must be wary of the market extrapolating further cuts

The Fed is expected to cut interest rates for the first time in 11 years on Wednesday. Brian Rehling, co-head of global fixed income strategy at Wells Fargo Investment Institute, and Vince Reinhart, chief economist at Mellon, join "Squawk Box" to discuss.
Wed, Jul 31 20197:45 AM EDT