Fed’s Williams says central bank will respond as appropriate to address coronavirus risks

Economy3 hours ago (Mar 06, 2020 04:20AM ET) (C) Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, DC By Ann Saphir and Jonnelle Marte CHICAGO/NEW YORK (Reuters) – U.S. central bankers see “evolving” risks to the world’s…

Trump says U.S. economy could take hit from coronavirus

Economy10 hours ago (Mar 05, 2020 09:04PM ET) (C) Reuters. U.S. President Trump town hall in Scranton, Pennsylvania By Steve Holland SCRANTON, Pa. (Reuters) – President Donald Trump said on Thursday the U.S. economy might take a hit from the…

Fed’s Kashkari says he supported rate cut as ‘insurance’ in face of uncertainty

Economy10 hours ago (Mar 05, 2020 08:36PM ET) (Reuters) – Minneapolis Federal Reserve President Neel Kashkari said on Thursday that he supported the U.S. central bank’s emergency interest rate cut this week, and added the Fed could cut rates further…

Japan finmin Aso: G7 not considering further steps now

Economy10 hours ago (Mar 05, 2020 08:21PM ET) TOKYO (Reuters) – The Group of Seven advanced economies are not considering taking further action now, Japanese Finance Minister Taro Aso said on Friday as volatility remained high in global financial markets…

China exempts firms from environment checks to help fight coronavirus

Economy11 hours ago (Mar 05, 2020 07:56PM ET) China exempts firms from environment checks to help fight coronavirus SHANGHAI (Reuters) – China will exempt firms from on-site environmental checks if they are involved in the production of materials used in…

China first-quarter economic hit from coronavirus looking more severe: Reuters poll

Economy11 hours ago (Mar 05, 2020 07:21PM ET) By Hari Kishan (Reuters) – The coronavirus likely halved China’s economic growth in the current quarter compared with the previous three months, more severe than thought just three weeks ago and triggering…

Coronavirus could erase $211 billion from Asia-Pacific economies: S&P

Economy12 hours ago (Mar 05, 2020 07:11PM ET) SYDNEY (Reuters) – A fast spreading coronavirus outbreak could knock $211 billion off the combined economies of the Asia-Pacific, with Japan, Hong Kong, Singapore and Australia among the most exposed, S&P Global…

BOJ to ease policy in March as coronavirus hits growth: Reuters poll

Economy9 hours ago (Mar 05, 2020 09:21PM ET) By Kaori Kaneko TOKYO (Reuters) – Japan will ease monetary policy this month, tracking the U.S. Federal Reserve’s surprise move this week, as the coronavirus jolts markets and stokes fears of a…

Unshackled by EU, countries have fiscal freedom to fight coronavirus

2/2 (C) Reuters. FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels 2/2 By Jan Strupczewski BRUSSELS (Reuters) – The European Union is giving governments all the fiscal leeway they need to individually deal with the…

Exclusive: EU says UK seeks to undermine its unity at trade talks: document

Forex8 hours ago (Mar 05, 2020 09:42AM ET) (C) Reuters. FILE PHOTO: European Union chief Brexit negotiator Michel Barnier and British Prime Minister’s Europe adviser David Frost 5 are seen at start of the first round of post -Brexit trade…

Disclaimer: TheSmartMoneyReport.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.