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Fed officials hesitant to slash interest rates as coronavirus fears batter markets

coronavirus stocks

  • Federal Reserve officials signaled this week that it was too early to tell whether the central bank would need to step in to address potential coronavirus effects.
  • That came even as expectations for more interest-rate cuts jumped on Wall Street.
  • Concerns about the respiratory illness rose Tuesday after the Centers for Disease Control said the US should prepare for the outbreak to hit communities across the nation.
  • Visit Business Insider’s homepage for more stories.

Federal Reserve officials signaled this week that it was too early to assess whether the central bank would need to step in to shield the US read more >>>

Source:: BusinessInsider.Com