The economic uncertainty triggered by the coronavirus pandemic has led people to be more cautious with their money. Central Banks adjust interest rates to stabilize economic growth and this is how…
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Stimulus Shocks Stocks
Stocks fell after a six-week high reversing a coronavirus recovery. Traders are no longer waiting for an agreement for the U.S. stimulus as it is expected the coronavirus aid package will be introduced after the November election. The International Monetary Fund warned an economic recovery will not be smooth until the virus is tamed as they prepare an annual meeting with the World Bank to discuss the worst economic recession since the Great Depression.
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