The Fed's decision to not cut rates more is a policy mistake, says Morgan Stanley's Jim Caron

The Federal Reserve has decided to cut interest rates by a quarter point, the first time in 11 years. David Kelly of J.P. Morgan Funds, Alicia Levine of BNY Mellon and Jim Caron of Morgan Stanley join 'Power Lunch' to discuss the Fed's decision to cut rates and why they disagree.
Wed, Jul 31 20192:15 PM EST