Bloomberg Intelligence

Instant Reaction: Will the Fed Cut Quicker After This Selloff?

Aug 5, 2024
Veronica Clark, a US Economist at Citigroup, dives into the turbulent waters of global stock markets and the looming threat of a US economic slowdown. She discusses how recent job reports might influence the Federal Reserve's decisions on interest rates. With traders anticipating emergency cuts, Veronica highlights the significance of employment data and its relation to recession risks. The conversation reveals the complexities of monetary policy amid tightening financial conditions and the uncertainty surrounding economic recovery.
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