Newswise — Brad Paye, associate professor in the Department of Finance, Insurance, and Business Law in the Pamplin College of Business at Virginia Tech, can expand on:Implications that each decision may have on prices, market volatility, and portfolio strategies for everyday investors and retirement accounts. Asset pricingInteractions between financial markets and macroeconomic conditionsAbout PayeBrad Paye's research interests center on asset pricing and interactions between financial markets and macroeconomic conditions. His broader academic interests include volatility modeling, forecasting, econometrics, and the interdisciplinary field of neurofinance. David Bieri, an associate professor in the School of Public and International Affairs and associate professor of economics, can expand on:Credibility vs. Diminishing Returns: Markets largely priced this in; the real story is about forward guidance and the pace of future cuts.