Slowing the spread of COVID-19 entails economic disruption
The global economic outlook has deteriorated because of the coronavirus pandemic amid rising supply and demand disruptions.
The global economic outlook has deteriorated because of the coronavirus pandemic amid rising supply and demand disruptions.
The Fed made a proactive move to reduce the federal funds rate by 50 basis points.
The spread of coronavirus infections is having an impact on China’s GDP and on financial market sentiment worldwide.
The coronavirus poses a risk to China’s growth as the government races to contain the outbreak, and the global economy could suffer.
The Federal Reserve may lower its benchmark interest rate by 50 basis points in 2020 if sustained financial market stress affects economic activity against a backdrop of the coronavirus epidemic.
There will be some temporary disruption to economic activity in China and elsewhere from the coronavirus outbreak.
Bond yields will likely stay range bound in early 2020 as the economy shifts to a lower gear and central banks shift to neutral.
In recent weeks, the Federal Reserve has provided billions of dollars of liquidity for participants in the market for repurchase agreements, or repos, to stabilize interest rates following a spike in mid-September.
The Fed remains divided on the trajectory of interest rates; a pick up in U.S. housing activity may increase this division.