Follow the Federal Reserve? Why central banks will not be rushed on coronavirus response

Thu, Mar 05, 2020 - 6:17 AM

Will the world's big central banks leave Federal Reserve Chair Jerome Powell hanging? They are certainly going to try.

PHOTO: REUTERS

[FRANKFURT] Will the world's big central banks leave Federal Reserve Chair Jerome Powell hanging? They are certainly going to try.

While the Bank of Canada matched the Fed's emergency move with its own half percentage point cut on Wednesday - calling the coronavirus outbreak "a material...

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