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CLEAN : Trump congratulates Fed after drastic virus measures
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Business
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9th - 10th Grade
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Hard
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The video discusses recent changes in the Federal Reserve's monetary policy, including a reduction in the Fed rate from 1-1.25% to 0.25%. It highlights the significance of this change and its potential impact on the economy. Additionally, the Federal Reserve's plan to purchase $500 billion in Treasurys and $200 billion in mortgage-backed securities is outlined, with the possibility of increasing these amounts.
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