Reuters
@Reuters·4.2M subscribers·86.9K videos
Market Insight: Steep Fed cut 'could add fuel to the fire' as markets sell off | REUTERS
Posted
August 5, 2024
Views
542
Likes
12
Engagement
2.21%
August 5, 2024
542
12
2.21%
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6:40Now PlayingGlobal stock markets were deep in the red as risk appetite among investors dropped on fears of a US recession. Chris Beauchamp of IG told @Reuters that a dramatic move from the Federal Reserve could worsen the slide, as markets are in 'panicked liquidation mode.'
#News #stocks #markets #selloff #federalreserve #ratecut #Reuters #Newsfeed
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