Fed Officials Open Door to Rate Cuts as Coronavirus Risks Rise

Federal Reserve officials aren’t ready to commit to a rate cut, but they are laying out the scenario that would make them react.

Fed's Bullard: U.S. rate cuts 'a possibility' if coronavirus intensifies not base case

Federal Reserve rate cuts are 'a possibility' if the outbreak of coron...

Factbox: Global central bankers on coronavirus possibility of rate cuts

With the rapid global spread of the new coronavirus and the U.S. stock market su...

Trump officials discuss tax cuts other emergency measures in hopes of tackling coronavirus fallout

Options being discussed internally include a payroll tax cut and calling on the Federal Reserve to cut interest rates.

White House considers tax cuts extra Fed pressure in coronavirus response report says

Trump administration officials are considering a tax cut package as part of the White House's economic response to the coronavirus outbreak, The Washington Post reported.

United Airlines offers pilots a month off as coronavirus prompts flight cuts

United Airlines is offering pilots a month off with reduced pay as coronavirus prompts them to cut flights, according to a union letter.

Delta American suspending flights to Milan as coronavirus flight cuts spread to Italy

Wizz Air cuts flights on Romania Moldova routes to Italy over coronavirus

Irish boxing squad cuts short Italian training camp after coronavirus outbreak

Editor’s recap: China cuts tariffs on $300m of US seafood imports; Peter Pan a tough sell; Ecuadorian shrimp prices

Moody’s cuts Vietnam’s growth forecast

Coronavirus flight cuts on the rise: United reduces service to Japan Singapore Seoul

Wizz Air cuts flights from Bulgaria to Italy Israel as new coronavirus damps demand

African growth set to suffer as coronavirus outbreak cuts demand

Coronavirus: United cuts more international flights from SFO due to outbreak

New York Expects More Cases; OECD Cuts Outlook: Virus Update

Saudis Renew Push for Output Cuts as Coronavirus Weakens Oil Business

Saudi Arabia is trying to convince Russia to join oil producers in an emergency crude-production cut, as the industry grapples with oversupply and operational slowdowns resulting from the spread of coronavirus.

Coronavirus: Poll shows demand to wane counter OPEC cuts

Trump’s cuts to health agencies will haunt us when coronavirus hits

Portland choir director cuts Tokyo trip short due to coronavirus

A Portland choir director was supposed to conduct a festival in Tokyo last week but had to cut her time short because the festival was canceled due to the coronavirus. We caught up with Mia Hall Miller and her husband Matt Miller when they landed in Portland on Feb. 28. The Millers were exhausted after a day of travel and a week filled with sight-seeing and uncertainties. Mia, the founder and artistic director of Pacific Youth Choir in Portland,...

Coronavirus cuts Marquette student's study abroad program short

For Jena Spahic, her study abroad program in Milan was supposed to be the trip of a lifetime. Instead, it was cut short as she raced to fly out of Italy, where COVID-19, the coronavirus has spread rapidly. "I feel like my experience got robbed from me," Spahic said. On Feb. 29, the U.S. State Department issued a Level 4 warning against travel to areas in Northern Italy where Spahic was studying. She self-quarantined for two weeks and is not...

Reserve Bank of Australia cuts interest rates to record low 0.5% amid coronavirus concerns

Malaysia Cuts Key Rate as Global Central Banks Act Amid Virus

Malaysia cuts key rate to 9-year low on coronavirus threat

Malaysia's central bank cuts key rate to 2.50% as expected

Malaysia cuts rates to fight virus impact

Vietnam Plans Tax Breaks Land Fee Cuts for Virus-Hit Firms

Libya cuts Chinese imports due to coronavirus outbreak

The export subsidy advisor at the Ministry of Economy, Khaled Moussa, has said that Chinese imports to Libya will be reduced on the backgrounds of the coronavirus outbreak. The recent Ministry of Economy statistics indicates that Chines imports to Libya in 2018 amounted to more than one billion and 300 million dollars. Chinese imports rep

In an emergency move U.S. Federal Reserve cuts interest rates to battle coronavirus

The U.S. Federal Reserve cut interest rates on Tuesday in an emergency move desi...

Fed cuts rates by 50 basis points amid coronavirus concerns

The Fed said the “fundamentals of the U.S. economy remain strong” but that the coronavirus “poses evolving risks to economic activity.” Fed Chairman Jerome Powell will be holding a press conference at 11 a.m. The decision was unanimous among the Federal Open Market Committee members. Earlier in the day, Fed Chairman Jerome Powell and Treasury Secretary Steven Mnuchin joined other G7 central bankers and finance ministers to discuss a coordinated...

Fed cuts benchmark rate by half-point most since 2008 amid coronavirus crisis

The Federal Reserve is cutting interest rates by a half-percentage point in its first emergency rate cut since the Great Recession in response to the spreading coronavirus.

Federal Reserve cuts benchmark rate by half-point amid coronavirus concerns

WASHINGTON — In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy in the face