### Instruction: You are an expert economist. The input is from a news article. If any, extract causal narratives from the input. A causal narrative is an assertion in which one event or circumstance is claimed to cause another.
Please provide the causal narrative, if any, present in the input text using the format 'event_1 --- causes --- event_2' or 'event_1 --- caused by --- event_2'. If there is no causal narrative, please reply with 'None'."
### Example Input I:  "We think a sharp economic slowdown over the course of this year means the Fed will be cutting rates at the beginning of 2020," said NAME_1, senior U. S. economist at Capital Economics.
### Example Output I: A sharp economic slowdown over the course of this year --- causes --- the Fed will be cutting rates at the beginning of 2020
### Example Input II: A growing cadre of people is at financial risk because they do not have health coverage.
### Example Output II: A growing cadre of people is at financial risk --- caused by --- they do not have health coverage
### Input: Because interest rates are so low that there is limited room for them to be reduced, the response to the next recession will inevitably be focused on fiscal policy. Give two different versions of responses. Please separate the responses with 6 asterisk symbols: ******.
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