Central bank interest rates

William O'Keefe, left, and Peter Tuchman work on the floor of the New York Stock Exchange, Tuesday, March 3, 2020. The Dow Jones Industrial Average dropped 785 points and bond prices surged after an emergency interest-rate cut by the Federal Reserve failed to reassure markets racked by worries that a fast-spreading virus outbreak could lead to a recession. (AP Photo/Richard Drew)
March 03, 2020 - 5:49 pm
NEW YORK (AP) — Fear and uncertainty continue to control Wall Street, and stocks fell sharply Tuesday after an emergency interest-rate cut by the Federal Reserve failed to reassure markets wracked by worries that a fast-spreading virus will slam corporate profits and the economy. The Dow Jones...
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Men work at a construction site with the Olympic rings in the background Tuesday, March 3, 2020, at Tokyo's Odaiba district. The spreading virus from China has put the Tokyo Olympics at risk. The Olympics are to open on July 24 - less than five months away. (AP Photo/Eugene Hoshiko)
March 03, 2020 - 5:01 pm
BERLIN (AP) — As the new coronavirus continues spreading, people are being asked to stop hoarding masks and athletes are being advised to refrain from high-fives. These are some of the latest developments Tuesday: MASK HOARDERS REBUKED Mask hoarders, take note. The head of the World Health...
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William O'Keefe, left, and Peter Tuchman work on the floor of the New York Stock Exchange, Tuesday, March 3, 2020. The Dow Jones Industrial Average dropped 785 points and bond prices surged after an emergency interest-rate cut by the Federal Reserve failed to reassure markets racked by worries that a fast-spreading virus outbreak could lead to a recession. (AP Photo/Richard Drew)
March 03, 2020 - 4:47 pm
NEW YORK (AP) — Fear and uncertainty continue to control Wall Street, and stocks fell sharply Tuesday after an emergency interest-rate cut by the Federal Reserve failed to reassure markets wracked by worries that a fast-spreading virus will cause a recession. The Dow Jones Industrial average sank...
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Trader Mark Muller works on the floor of the New York Stock Exchange, Tuesday, March 3, 2020. Stocks are opening lower on Wall Street after the Group of Seven countries held off on giving the global economy new stimulus to help it cope with the coronavirus outbreak. (AP Photo/Richard Drew)
March 03, 2020 - 4:19 pm
NEW YORK (AP) — Fear and uncertainty continue to control Wall Street, and stocks fell sharply Tuesday after an emergency interest-rate cut by the Federal Reserve failed to reassure markets wracked by worries that a fast-spreading virus will cause a recession. The Dow Jones Industrial average sank...
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Trader Mark Muller works on the floor of the New York Stock Exchange, Tuesday, March 3, 2020. Stocks are opening lower on Wall Street after the Group of Seven countries held off on giving the global economy new stimulus to help it cope with the coronavirus outbreak. (AP Photo/Richard Drew)
March 03, 2020 - 4:07 pm
NEW YORK (AP) — The Dow Jones Industrial Average dropped 785 points and bond prices surged after an emergency interest-rate cut by the Federal Reserve failed to reassure markets racked by worries that a fast-spreading virus outbreak could lead to a recession. The yield on the 10-year Treasury note...
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Employees wearing protective gear spray disinfectant to sanitize a passenger bus as a preventive measure against the coronavirus in Lviv, Ukraine, Tuesday, March 3, 2020. Ukrainian Chief sanitary and epidemiological doctor Viktor Liashko has just reported its first confirmed case of the new COVID-19 coronavirus, saying a man who recently arrived from Italy was diagnosed with the virus. (AP Photo/Mykola Tys)
March 03, 2020 - 3:47 pm
PARIS (AP) — The coronavirus crisis shifted increasingly westward toward the Mideast, Europe and the United States on Tuesday, with governments taking emergency steps to ease shortages of face masks and other supplies for front-line doctors and nurses. “We are concerned that countries' abilities to...
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Men work at a construction site with the Olympic rings in the background Tuesday, March 3, 2020, at Tokyo's Odaiba district. The spreading virus from China has put the Tokyo Olympics at risk. The Olympics are to open on July 24 - less than five months away. (AP Photo/Eugene Hoshiko)
March 03, 2020 - 3:21 pm
BERLIN (AP) — As more countries report cases of the new coronavirus, people are being asked to stop hoarding masks and athletes are being advised to refrain from high-fives. These are some of the latest developments Tuesday: MASK HOARDERS REBUKED Mask hoarders, take note. The head of the World...
Read More
Trader Mark Muller works on the floor of the New York Stock Exchange, Tuesday, March 3, 2020. Stocks are opening lower on Wall Street after the Group of Seven countries held off on giving the global economy new stimulus to help it cope with the coronavirus outbreak. (AP Photo/Richard Drew)
March 03, 2020 - 3:02 pm
NEW YORK (AP) — Stocks fell sharply on Wall Street Tuesday after an emergency interest-rate cut by the Federal Reserve failed to reassure markets racked by worries that a fast-spreading virus outbreak could lead to a recession. Major indexes were down more than 2% in afternoon trading, and the Dow...
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Federal Reserve Chair Jerome Powell speaks during a news conference, Tuesday, March 3, 2020, to discuss an announcement from the Federal Open Market Committee, in Washington. In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point in an effort to support the economy in the face of the spreading coronavirus. Chairman Jerome Powell noted that the coronavirus "poses evolving risks to economic activity." (AP Photo/Jacquelyn Martin)
March 03, 2020 - 2:54 pm
WASHINGTON (AP) — In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy in the face of the spreading coronavirus. Chairman Jerome Powell said at a news conference that the virus “will surely weigh on...
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Employees wearing protective gear spray disinfectant to sanitize a passenger bus as a preventive measure against the coronavirus in Lviv, Ukraine, Tuesday, March 3, 2020. Ukrainian Chief sanitary and epidemiological doctor Viktor Liashko has just reported its first confirmed case of the new COVID-19 coronavirus, saying a man who recently arrived from Italy was diagnosed with the virus. (AP Photo/Mykola Tys)
March 03, 2020 - 2:48 pm
PARIS (AP) — The coronavirus crisis shifted increasingly westward toward Europe and the United States on Tuesday, with governments taking emergency steps to ease shortages of face masks for front-line doctors and nurses and the U.S. Federal Reserve announcing the biggest interest-rate cut in over a...
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