How will the global market meltdown affect the Fed’s monetary policy?

Asian stocks on Tuesday (Aug 6) regained their footing after sweeping selloffs in global markets on Monday, fuelled by fears of a recession in the United States. The meltdown led to calls for the US Federal Reserve to cut interest rates before its next meeting in September. CNA’s Elizabeth Neo speaks to Dr Sam Chandan, founding director of the C. H. Chen Institute for Global Real Estate Finance at the NYU Stern School of Business, to find out how this is likely to impact the Fed’s monetary policy and the US economy. Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service for must-read stories: Telegram - https://cna.asia/telegram WhatsApp - https://cna.asia/whatsapp Follow us: CNA: https://cna.asia CNA Lifestyle: http://www.cnalifestyle.com Facebook: https://www.facebook.com/channelnewsasia Instagram: https://www.instagram.com/channelnewsasia Twitter: https://www.twitter.com/channelnewsasia TikTok: https://www.tiktok.com/@channelnewsasia