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FED’S EVANS SAYS HE THOUGHT FED WAS VERY WELL POSITIONED BUT FELT RATE REDUCTION WOULD HELP BOOST CONFIDENCE GIVEN RISING RISKS, POSSIBLE ECONOMIC WEAKENING.
FED’S EVANS: EXPECTATION IS THAT CORONAVIRUS WILL HAVE A “SHORT-LIVED IMPRINT” ON U.S.
FED’S EVANS SAYS HE EXPECTS PERHAPS A QUARTER OR HALF-YEAR OF SLOWING GROWTH, WITH A ‘V-SHAPED’ REBOUND.

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