Aggressive Fed Cuts Won’t Mean Lower Mortgage Rates: Deutsche Bank’s Luzzetti

Matthew Luzzetti, Chief US Economist at Deutsche Bank, joins Bloomberg Businessweek Daily to discuss the Trump administration’s legal and political attacks on the Federal Reserve and Chair Jerome Powell. Luzzetti also discusses the “disconnnect” between the Trump administration’s push for Fed rate cuts and mortgage rates. He speaks with Tim Stenovec and Christina Ruffini. (Source: Bloomberg)