Virus a Downside Risk for China First-Quarter GDP: Oxford Economics

The transcript discusses the economic impact of a model on China's GDP, comparing it to the SARS outbreak. It highlights potential impacts on household spending, tourism, and production, especially during the Lunar New Year. The discussion suggests the outbreak might be short-lived due to effective containment measures, such as the Wuhan lockdown. The Federal Reserve's response is also considered, with a focus on maintaining steady interest rates amid the US-China trade war and other economic factors.

What are the potential impacts on China's GDP due to the current situation?

How does the timing of the lunar New Year affect production and consumer spending?

In what ways did the SARS outbreak influence consumer behavior and production in China?

What measures are being taken by authorities to contain the current outbreak?

What are the expectations regarding the Federal Reserve's response to the economic impact of the coronavirus?