ANALYSIS

NEGATIVE interest rates in the United States were once unimaginable. The coronavirus has changed that.

[WASHINGTON] The uncertainty around the global coronavirus pandemic's duration and severity creates "major downside risks" to the US economy, the Federal Reserve said on Wednesday.

[WASHINGTON] The Federal Reserve swept into action on Sunday to save the US economy from the fallout of the coronavirus, slashing its benchmark interest rate by a full percentage point to near...

[BENGALURU] Minneapolis Federal Reserve President Neel Kashkari said on Thursday that he supported the US central bank's emergency interest rate cut this week, and added the Fed could cut rates...

[BENGALURU] Australian shares fell on Wednesday as investors fled to the safety of bonds on fears that the US Federal Reserve's emergency interest rate cut would not be enough to buffer the global...

[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...

[LONDON] The coronavirus outbreak has muddied the outlook for the US economy and could weigh on growth in the first half of this year, Cleveland Federal Reserve Bank President Loretta Mester said...

[LONDON] European stocks and bonds steadied after a brief spike in reaction to the US Federal Reserve's emergency 50 basis point rate cut on Tuesday, which was aimed at countering the economic...

[NEW YORK] Wall Street stocks finished sharply lower Tuesday, reflecting skepticism at a surprise Federal Reserve interest rate cut while the 10-year US Treasury hit an all-time low.

[WASHINGTON] Wall Street has tanked, some factories in China have shuttered and businesses and investors fear the new coronavirus could damage the global economy and maybe even cause a recession...