Coronavirus

Federal Reserve cuts rates amid fears over coronavirus

Name: Federal Reserve cuts rates amid fears over coronavirus
Uploaded: 2020-03-04T02:12:02.654Z
Duration: 1 min 39 s
Channel: Financial Times
Description: Move comes as fears rise that the spread of the virus will push the economy into recession

Federal Reserve Chairman Jay Powell said the economic outlook was at risk due to the coronavirus outbreak but signalled that there were no plans to lower rates any further

March 4, 2020

Footage from Reuters.