Instant Reaction: Will the Fed Cut Quicker After This Selloff?
August 5, 2024
6 min
Full
4,249 of 5,353
August 5, 2024
Instant Reaction: Will the Fed Cut Quicker After This Selloff?
0:00 / 6:06
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6:06This episodeInstant Reaction: Will the Fed Cut Quicker After This Selloff?
Summary
<p>Global stock markets tumbled as concerns about a US economic slowdown intensified. Traders ramped up bets that the Federal Reserve will step in with an emergency interest rate cut. For instant reaction to this selloff, and how Fed officials will respond, Bloomberg's Nathan Hager speaks with Veronica Clark, US Economist at Citigroup.</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>
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