Fed has nothing to do with fundamental economic backdrop: Economist

2:23 PM ET Wed, 21 Aug 2019

The latest Federal Reserve meeting minutes show that the board sees ricks to the economy somewhat lower than in June and that two officials wanted a 50 basis point rate cut. Evan Brown, head of macro asset allocation strategy at UBS, and Tom Porcelli, chief U.S. economist with RBC Capital Markets, join CNBC's "Power Lunch" team to discuss.