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Fed will reassure markets - economist
Video Credit: Reuters Studio
Published on July 27, 2020 - Duration: 04:14s
Fed will reassure markets - economist
Spartan Capital Securities' Peter Cardillo expects the Fed to say it'll do "whatever it takes" to keep adding liquidity to the markets when policymakers meet this week.
But he also tells Reuters' Fred Katayama that he thinks there's a good chance the markets will pull back, regardless of the Fed, because "the economy is faltering."