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The Conversation USA

The Conversation USA

The Fed's 'surprise' interest rate cut: 5 questions answered

  • Written by Jonathan T. Fluharty-Jaidee, Assistant Department Chair and Professor of Finance, West Virginia University
The rate cut didn't calm investor nerves. AP Photo/Richard Drew

Editor’s note: The Federal Reserve unexpectedly cut interest rates by half a percentage point on March 2 to calm investors worried the unfolding coronavirus outbreak will slow economic growth. After the surprise move – the first since the 2008 financial crisis –...

Read more: The Fed's 'surprise' interest rate cut: 5 questions answered

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