New PCE data puts rate cuts 'into cement,' says Moody's Mark Zandi

Mark Zandi, Moody's Analytics chief economist, and CNBC's Steve Liesman join 'The Exchange' to discuss reactions to new PCE data, paths to Fed rate cuts, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g

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