Why a 50 BPS Fed rate cut would ‘freak people out,’ Trump’s top 3 picks to replace Fed chair Powell

Market Domination anchor Josh Lipton breaks down the latest stock market news for September 8, 2025.
Manulife Investment Management head of developed-market fixed income Jeff Given discusses why the Federal Reserve’s primary concern is preventing the re-ignition of inflation ahead of its next rate cut decision next week.
President Trump has narrowed his choices to potentially replace Fed chair Jerome Powell to three people: Kevin Hassett, Director of the National Economic Council; Fed governor Christopher Waller; and former Fed governor Kevin Warsh.
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