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Coronavirus slowdown starts to rival U.S. Fed's doomsday bank stress test scenario

FILE PHOTO: A trader wears a face mask on the floor of the NYSE in New York
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WASHINGTON (Reuters) - The unfolding market shock and economic crisis wrought by the coronavirus disruption is shaping up to be a nightmare for the Federal Reserve – literally. Over the past month, rapidly deteriorating economic and financial conditions have begun to rival the central bank's doomsday scenario against which it will test big banks' resilience during their annual "stress test"..
Date Published: Mar 25, 2020
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