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A few days ago, there were two significant economic developments, that had an impact on...

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Finance

A few days ago, there were two significant economic developments, that had an impact on the financial markets in the US and in most other countries, since Wednesday, February 1st. One of the events, almost all over the world, pertained to the actions by leading central banks. First, briefly summarize EITHER the event or actions taken by the US Federal Reserve and at least one other major Central Bank OR any other economic development(s), in your own words, and then state your views/opinion, with some justification/data.

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