Further interest-rate cuts are a possibility if a global pandemic actually develops, with health effects approaching the scale of ordinary influenza, said...
Further interest-rate cuts are a possibility if a global pandemic actually develops, with health effects approaching the scale of ordinary influenza, said St. Louis Fed President James Bullard on Friday. In a speech in Fort Smith, Ark., Bullard said this global pandemic scenario "was not the baseline case at this time." Bullard said the Fed is in a good position because of last year's three rate cuts. The drop in longer-term U.S.
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