Fed Has Room for One More Rate Cut, Says Oxford Economics’s Fenner

The video discusses the ISM Manufacturing Index, which has weakened, indicating a cautious US economic outlook. Despite the US-China trade deal, tariffs remain, affecting manufacturing. The Federal Reserve's stance on rate cuts is debated, with some officials seeing no need for further cuts, while others anticipate a softer consumer market.

What does the ISF Manufacturing Index indicate about the manufacturing sector?

Why is the manufacturing sector not improving despite expectations?

What is the significance of the phase one US-China trade deal mentioned in the text?

What is Rob Kaplan's stance on future rate cuts according to the text?

How does the speaker's outlook on consumer behavior differ from Rob Kaplan's?