After slashing rates, U.S. Fed has more weapons to fight coronavirus effect

The Federal Reserve’s emergency decision to slash interest rates this week in response to the coronavirus outbreak was actually fairly straightforward, policymakers said, as economic risks piled up fast and confidence faltered. The Fed has a handful of options. The Fed is one of the few central banks among the world’s advanced economies to have room to lower rates and still keep them above zero. …read more

Source:: Yahoo Finance

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