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

Veronica Clark, a US Economist at Citigroup, discusses the recent tumble in global stock markets driven by fears of an economic slowdown. She explains how traders are expecting emergency interest rate cuts from the Federal Reserve. The conversation highlights the critical role of employment data in determining Fed actions and the potential risks of not moving quickly. Additionally, Clark touches upon the looming recession risks, currently estimated at a 25% chance, and introduces insights into the fertility industry's complex dynamics.