Federal Reserve Cuts Interest Rates To Almost Zero

The video discusses the Federal Reserve's measures to support the economy during the coronavirus pandemic, including a $700 million bond purchase. These actions, along with state government shutdowns, contributed to a significant drop in the stock market, with the S&P 500 and Dow Jones experiencing major declines. The coronavirus, classified as a pandemic, has infected over 3,800 U.S. citizens, with 69 fatalities reported. Despite the challenges, some patients have recovered.

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