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Instant Reaction: Will the Fed Cut Quicker After This Selloff? | Wall Street Week
Posted
August 5, 2024
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August 5, 2024
286
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6:06Now PlayingGlobal 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.
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