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MNI EXCLUSIVE: Ex-Fed Officials See 50 bps......>

FED
FED: MNI EXCLUSIVE: Ex-Fed Officials See 50 bps Cut Next Week
- The Federal Reserve will likely cut its policy rate another half percentage
point at next week's meeting and take other measures aiding liquidity to gird
the economy against coronavirus, former officials told MNI. Rising odds of a
serious slowdown argue for strong action by the world's leading monetary
authority, the ex-officials said, and a powerful fiscal response is still
urgently needed.
- For full story see MNI Main Wire at 00:14 GMT 03/12 or contact
sales@marketnews.com for access.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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