‘Bristled somewhat’: US investors react to Federal Reserve’s interest rate cut

CommSec’s Tom Piotrowski discusses the US Federal Reserve cutting interest rates for the first time this year by a quarter of a percentage point.

“I suppose US investors bristled somewhat because, as you said, the decision to cut rates by a quarter of a per cent was overwhelmingly anticipated,” he told Sky News Australia.

“It was more about the pathway to further rate cuts.”

Presented by CommSec.