The Fed doesn't want to fall behind the unemployment rate, says FedWatch Advisors' Ben Emons

Ben Emons, FedWatch Advisors chief investment officer and founder, joins 'Fast Money' with reaction to today's rate cut.

[@gregslingerland7292]

They'll cut to zero again.

[@ketheric]

They're cutting to 3.50%

[@joshh205]

Everyone on this channel that was predicting a .25 cut needs to go home and quiet.

[@evetszoogle6874]

yep, just seemed obvious it was gonna be 50 bps, political circumstances, and maybe "some" technicals, demanded this outcome.

[@fhowland]

The Fed just follows the 2 year

[@ASimpleGoodLife]

Big picture, equities valuation is at or near all times high. Chairman Powell doesn’t not want to add fuel to the fire which can end abruptly like 1929/30.

[@danielhutchinson6604]

Can the FED still provide Cash to Bankers to cover Payrolls? Is there money in Banks to finance any new Industry? Can the production of weapons scare the Planet and make everything cheap again? It sure does not appear like that is happening?

[@matthewli8028]

I can’t understand what the European is saying