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Coronavirus uncertainty causes 'major downside risks': Federal Reserve minutes

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The uncertainty around the global coronavirus pandemic's duration and severity creates "major downside risks" to the US economy, the Federal Reserve said on Wednesday.

[WASHINGTON] The uncertainty around the global coronavirus pandemic's duration and severity creates "major downside risks" to the US economy, the Federal Reserve said on Wednesday.

The United States is sure to take a hit in the near term as businesses are forced to close and consumers are...

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