Quotes from Federal Reserve Chair Powell's press conferenceThe U.S. Federal Reserve and global central banks moved aggressively on Sunday to buttress a world economy unraveling rapidly amid the coronavirus pandemic, with the Fed slashing interest rates to near zero, pledging hundreds…Read More
S&P 500 stock futures tumble after Fed slashes ratesU.S. stock index futures tumbled to open trading on Sunday, hitting their daily down limit, after the Federal Reserve took drastic action to cushion the economic blow from the escalating coronavirus.
from Reuters: Busine…Read More
Stocks plunge as Fed's emergency rate cut fails to calm panicStock markets and the dollar fell heavily on Monday, after emergency rate cuts in the United States and New Zealand failed to allay fears about the coronavirus' economic shock.
from Reuters: Business News https://ift.tt/…Read More
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