# In a live interview, Professor Nicholas Economides shares his views on the Federal Reserve's interest rate cut

1 Faculty News August 1, 2019 ![CGTN logo ](/sites/default/files/styles/246w/public/assets/images/cgtn192x144.jpg?itok=ZR020S7w)>

Excerpt from [CGTN](https://www.youtube.com/watch?v=UrGzyKIG2q8) -- "A rate cut is always good news for the financial markets, but I think that the financial markets overreacted today. I expect that the Fed will proceed with one or two cuts in the fall, so it won't be contrary to most of the desires of the financial markets."

[Watch the video](https://www.youtube.com/watch?v=UrGzyKIG2q8)