They said several would be limited because of uncertainty the risk of a hard brexit had receded. Overall they said the risk of recession had fallen but they added uncertainties remain, including those posed by the coronavirus. They said, quote, the threat of the coronavirus in addition to its human toll had emerged as a new risk to the Global Growth outlook that warranted close watching you heard other fed officials talk about this since that meeting. Now, also importantly, several fed officials saw elevated levels of equities, corporate debt and commercial real estate valuations they noted the high levels of corporate debt and weak underwriting and worried about Bank Dividend payments, reducing capital by the banks, it was noted that levels are high and they debated whether low Interest Rates created financial risks. New debate we see some of it on maybe more in the open now. Many Committee Members said they should not rule out the potential ty of adjusting the stance of Monetary Poli
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