Central Banks Adopt Cautious Outlook on Coronavirus - News Summed Up

Central Banks Adopt Cautious Outlook on Coronavirus


WASHINGTON—Central bankers are adopting a cautious stance as they consider how the coronavirus outbreak in China could ripple through the global economy in the coming months. Over two days of hearings on Capitol Hill, Federal Reserve Chairman Jerome Powell offered an upbeat assessment of the U.S. economy while warning of risks to global supply chains from production shutdowns in China.


Source: Wall Street Journal February 12, 2020 10:33 UTC



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