Federal Reserve leads charge against economic hit from coronavirus

Wed, Mar 04, 2020 - 6:39 AM

The US Federal Reserve led the charge in the global response to the growing economic risk posed by the coronavirus, announcing an emergency interest rate cut Tuesday to boost confidence.

PHOTO: REUTERS

[WASHINGTON] The US Federal Reserve led the charge in the global response to the growing economic risk posed by the coronavirus, announcing an emergency interest rate cut Tuesday to boost confidence.

That gave President Donald Trump the stimulus he has been calling for, but he was not...

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