25 Would be About Right: Peterson on Fed Expectation

Dana Peterson, The Conference Board Chief Economist, shares that she believes the Federal Reserve will cut rates by 25 basis points and explains this decision is not political. Peterson states that anything more than 25 basis point would spook markets, and weighs in on where she thinks the economy will be when the next President takes office in 2025. She speaks with Kailey Leinz and Joe Mathieu on Bloomberg's "Balance of Power