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Caroline Baum: If the economy is in 'a good place,’ then why are interest rates so low?


Could 0% interest rates be just around the corner? Two hours after the Group of Seven finance ministers and central bank governors issued a joint statement declaring their readiness to take action to support the economy in the face of risks from the coronavirus, the Federal Reserve pulled the trigger, lowering its benchmark rate by 50

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Posted: March 3, 2020 Tuesday 02:35 PM