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Sky's Ian King explains why central banks, including the Bank of England, may hesitate to follow the Fed's lead in cutting rates. read more...
Very low rates mean there is little room to maneuver if economic conditions get worse.
CNBC's Steve Liesman reports on calls for the U.S. Federal Reserve to cut interest rates as the coronavirus outbreak threatens to affect consumer activity in the United States, which would hurt economic growth.
Leon Cooperman, Omega Family Office CEO and chairman, discusses the growing coronavirus outbreak and its effect on stock markets.
The president called on Fed Chair Jerome Powell to take action after Australia's central bank cut its rates to a record low of 0.5% on Tuesday.
The central bank said it would cut interest rates by half a percentage point.
The U.S. Federal Reserve cut interest rates on Tuesday in an emergency move desi...
It's the biggest rate cut since the 2008 financial crisis — central bank says the virus poses "evolving risks."
The Federal Reserve was set to meet March 17 and March 18 but gave in on March 3 to economic concerns and cut rates earlier than expected.
The U.S. dollar fell across the board after the U.S. Federal Reserve cut interest rates on Tuesday in an emergency move designed to shield the world's largest economy from the impact of the coronavirus.
The Fed initiated a surprise interest rate cut on Tuesday to combat the economic effects of the coronavirus outbreak.
Here's the latest news on COVID-19 in the U.S. and worldwide.
Wall Street sinks even after the central bank takes steps to protect the U.S. economy from disease hit.
A brief relief rally for US stocks vanished on Tuesday, and indexes slid after an emergency interest rate cut by the Federal Reserve.
In an emergency measure, the U.S. Federal Reserve cut interest rates by 0.5% on Tuesday, citing concerns about the negative economic impact of the COVID-19 coronavirus outbreak. The Fed lowered its fed fund target rate range from between 1.5% and 1.75% to a new target range of between 1% and 1.25%.The
Emergency interest rate cut in US due to economic risks of coronavirus ...
Before the COVID-19 outbreak, the slowdown in the global economy that started in 2018 appeared to be coming to an end. Now, economists fear the virus will drag down global growth.
The U.S. dollar fell across the board on Tuesday after the U.S. Federal Reserve cut interest rates in an emergency move designed to shield the world's largest economy from the impact of the coronavirus. "The virus and the measures that are being taken to contain it will surely weigh on economic
A teller at a bank in Dubai. The UAE central bank has trimmed interest rates in line with the US Fed move. It has also asked banks operating in the country to reschedule loans and take a lenient view on fees and commissions. Image Credit: Gulf News Archives Dubai: Central banks in the Gulf late Tuesday cut key interest rates following the 50 basis points (0.5 per cent) rate cut by the US Federal Reserve as an emergency monetary policy response...
Mortgage rates fell dramatically on the ongoing coronavirus scare, giving homeowners more room to refinance their mortgages.
The Bank of Canada cut its key benchmark interest rate Wednesday morning over concerns about what the coronavirus could do to the economy.
The Bank of Canada slashed its benchmark interest rate to 1.25% from 1.75% on We...
News, analysis and comment from the Financial Times, the worldʼs leading global business publication