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The labor market broadly can be categorized as 'low hire, low fire', says BofA's Mark Cabana
Youtube·2025-10-29 19:10

The Fed set to announce a decision on interest rates this afternoon. Joining us now, Mark Cabana, head of US rates uh strategy at Bank of America, Bank of America securities. I'm getting ahead of myself because I've got all kinds of questions about the dual mandate that I can look at it uh from both sides.From both sides now, like Jonie Mitchell, but what point were you making uh off camera uh about uh QT. >> Yeah. Well, look, the Fed's widely expected to cut 25 basis points today.That's fully in the price. ...