Stock market live updates: Wall Street pulls off lows as Fed's Powell vows to 'act as appropriate' in coronavirus panic

On Friday, the World Health Organization, which has shied away from formally declaring the pathogen a pandemic, issued a dire warning that “global level” risks were growing. The speed and depth of the sell-off — which saw the S&P 500 Index plunge into a correction within a week, while the Dow recorded back-to-back days of 1,000 point losses, has resulted in over $6 trillion worth of market value being obliterated. Federal Reserve chair Jerome...

Powell says Fed ready to act as coronavirus poses 'evolving' economic risks

Fed's Powell says economy is fine but Fed ready to act as needed

Powell: Coronavirus ‘Poses Evolving Risks’ to U.S. Economy

Jerome Powell issued an unscheduled statement on Friday, saying he and his colleagues are monitoring the coronavirus fallout.

Coronavirus Update: WHO Raises Risk Of Global COVID-19 Pandemic Powell Says Fed Will Take Action

Fed Chair Jerome Powell said the U.S. economic fundamentals remain strong amid fears coronavirus will impact corporate profits.

Fed's Powell says coronavirus poses 'evolving risks' pledges to 'act as appropriate' for economy

"The fundamentals of the U.S. economy remain strong," Powell said in a mid-day statement.

Trump attacks Federal Reserve’s Powell over coronavirus response

President Trump early Tuesday took aim at the Federal Reserve Chairman Jerome H. Powell over the central bank's refusal to cut interest rates like other countries in order to defend against a financial downturn threatening the global economy due to the coronavirus.

Fed Chair Powell Treasury Secretary Mnuchin and G-7 finance ministers release statement on coronavirus

"G-7 finance ministers are ready to take actions, including fiscal measures where appropriate, to aid in the response to the virus and support the economy," the statement read.

Powell says coronavirus outbreak poses material risk to outlook

Federal Reserve Chair Jerome Powell on Tuesday said the coronavirus poses a mate...

Fed’s Powell faces a puzzling crisis with no simple solution