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Thursday, February 27, 2020

Fed seen cutting rates amid virus threat, low inflation

The Federal Reserve may need to move aggressively to cut borrowing costs to cushion the economy from the effects of the rapid spread of the new coronavirus, which sent global stocks tumbling this week.


from Reuters: Business News https://ift.tt/32yiPAc

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Train drivers accept pay deal to end strike action

Aslef said 96.6% of its members who voted backed the deal, marking the end of long-running strikes. from BBC News https://ift.tt/LxCn1G9