The Federal Reserve is now prepared to reduce interest rates this month even though it recognizes monetary policy cannot completely shelter a U.S. economy increasingly threatened by the coronavirus.Fed Chairman Jerome Powell opened the door to a rate-cut at the Fed’s March 17-18 meeting
Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank will take...
The coronavirus spread further on Friday, with cases reported for the first time...
'Fed should start being a leader'... President Donald Trump knocked the Federal Reserve on Saturday for not acting yet to combat an economic slowdown stemming from the coronavirus.
The coronavirus outbreak began to look more like a worldwide economic crisis Friday as anxiety about the infection emptied shops and amusement parks, canceled events, cut trade and...
“Dr. Doom” shared his gloomy outlook on the market in an interview with Germany’s Der Spiegel this week. “You have to hedge your money against a crash, he...
The IMF and WHO are holding back...
Look for this week to be full of news about governments and central banks signalling their “whatever it takes” willingness to take additional policy measures to fight the contractionary impact of the coronavirus.
The New York Stock Exchange is considering the possibility that it may have to close its trading floor amid a panic over the coronavirus spreading into a wider pandemic and spur a financial disaster.
The mayor of Seoul has sued key leaders of the Shincheonji religious group at the center of South Korea's surge in coronavirus cases.
As supplies fly from the shelves, you'll have to deal using the preps you now have. Don't contribute to the growing panic and hoarding.
Unfortunately this year’s potential spring rally is more clouded than usual...
With new cases of COVID-19 outside China rising, the chances of a pandemic and global recession have increased recently...
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4 Pandemics – Watch the Second Wave. While attention is focused on the overall scale of COVID-19, from many of the leading specialists at Imperial College, Hong Kong University, and Harvard University.
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"The Federal Reserve is closely monitoring developments and their implications for the economic outlook. We will use our tools and act as appropriate to support the economy."
The 10-year Treasury yield has fallen more than 20 basis points since Monday as global equities sold off in response to the spreading coronavirus.
The money supply growth rate rose again in January, climbing to a 36-month high. The last time the growth rate was higher was during February of 2017, when the growth rate was 7.9 percent.
Alarm! Correlates crash! Take evasive action!!