After the Federal Reserve cut rates by 50 basis points, Seana Smith and Brad Smith take a look at movement in the futures and commodities market on Morning Brief.

As futures rally, markets and data editor Jared Blikre breaks down how stocks have reacted to previous rate changes during a recession, a growth scare, and normalization.

Senior markets reporter Ines Ferré explains that commodities, excluding gold (GC=F) and silver (SI=F), are trending down, signaling commodity deflation. As a historical rarity at the start of an easing cycle, this could signal the Fed is behind the curve in cutting rates.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Naomi Buchanan.