ehmmmm, who repeated like mantra „our economy is in good condition and risks are moderate”?

Secretary Mnuchin says Trump is focused on a broad strategy for stimulus

xjames26, agree. Somwhere else here I wrote, better solution than rate cut would be taking all treatment costs on governments (not only the US). Regardless of health insurance. Anyway, people without insurance can infect others. Also indirect costs ...

White House plan for economic response to virus is ‘not there right now,’ officials say

BTW. Why OPEC uses the same price as US-dig oil? IMO, OPEC should use a separate price. US oil is mainly for domestic demand, so US can use ANY price for onshore supply and demand, regardless of Middle East conditions (tensions, politics etc.). OPEC ...

Saudis Plan Big Oil Output Hike, Beginning All-Out Price War

As I understand, your bet is home sales will increase in let's say 3 months thanks to rate cut. My bet is home sales will decrease in 3 months due to the virus and uncertainity caused by it. All in the US. Future will show...

Fed's Mester sees possible economic impact from coronavirus outbreak

But if people are quarantined or in hospitals, there is none to work in businesses. If business requires a lot of people in one place, it could be shut down by 1 positive case. See China.

Mnuchin hails Fed decision to cut rates amid coronavirus outbreak, as Trump calls for more...

Quarantined people don't buy houses. Imagine NYC under quarantine (in Hubei China province there are/were about 50mln people quarantined). First fight the virus (globally), then give relief to citizens and businesses.

Fed's Mester sees possible economic impact from coronavirus outbreak

"While lower interest rates are unlikely to do much to ease supply chain disruptions or make consumers more comfortable with traveling or socializing, they could boost confidence and provide some relief to households and businesses with debt, Mester ...

Fed's Mester sees possible economic impact from coronavirus outbreak

Agree. How? The real help (against the virus impact) would be taking all the treatment costs on CBs/governments. Direct (treatment, equipment, personel suits etc.) and indirect like participating in quarantine costs (including income loss). ...

Mnuchin hails Fed decision to cut rates amid coronavirus outbreak, as Trump calls for more...

Yep, is there winter weather now? In Italy??? For me now in Europe we have much warmer winter than usual.

If the coronavirus isn’t contained, a severe global recession is almost certain

In fact, the Great Depression ( url ) had a V shape with ATH later... There always will be a new ATH, it's a question of time - at least by the end of human civilization.

Coronavirus testing our global outlook