Global economic policy response to the coronavirus pandemic

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Global economic policy response to the...
 © In-Cyprus 2020
Governments and central banks around the world have unleashed unprecedented amounts of fiscal and monetary stimulus and other support over the past month for national economies reeling from the coronavirus pandemic.

Following is a summary of the main policy steps so far.

UNITED STATES

MONETARY STIMULUS – The Federal Reserve cut interest rates by 150 basis points total in two emergency meetings on March 3 (50 basis points) and March 15 (100 bps), taking the federal funds rate to 0-0.25%, along with $700 billion in asset purchases, or quantitative easing...


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This article was automatically added to our system 25-3-2020

Global economic policy response to the coronavirus pandemic


The contents of this article including any associated images are © In-Cyprus 2020
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Article Tags: global, economic, policy, response, coronavirus, pandemic,