Was it necessary for the Federal Reserve to lower rates by a half-percent in between meetings?

 3/9/2020  There has been debate among Wall Street economists about last week’s cut, as the unconventional action (and its magnitude) seemed to both soothe and incite concern in financial markets. The new lower rates may help boost borrowing and ease the penalty for taking on debt, while also spurring questions…

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How damaging will the coronavirus (COVID-19) ultimately be for the global economy?

 3/2/2020  Considering the difficulties in precise real-time measurement, as well as determining the transmission mechanisms of the virus, the potential impact is still difficult to predict. Updates have been coming out on a daily basis in recent weeks, although the virus itself has been circulating since last November. The uncertainty…

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Coronavirus Fears Hit the Markets

 2/25/2020  Financial markets have been especially hard-hit today, with reports of new coronavirus (COVID-19) cases appearing in South Korea, Italy, and Iran. The uncertainty over transmission and fears of a global pandemic—and resulting slowdown in economic/financial activity—has led to the sharp negative response in risk markets. Of course, there is…

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What has been/will be the impact of the coronavirus on the global economy and markets?

 2/4/2020  The spread of the new coronavirus has taken over the headlines and hijacked market sentiment in recent weeks. Thus far, through available medical data, it appears that while the virus appears more contagious than the similar SARS epidemic in 2003, it is less lethal. The fatality rate for the…

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