Fidelity Top Stories
NY Fed kicks into 'emergency mode', analysts see 'QE4'
The Federal Reserve Bank of New York announced that it would expand its programme of daily securities purchases "across a range of maturities", alongside $1. 5trn of emergency liquidity injections, in what traders said marked the start of the US central bank's fourth round of quantitative easing.
ECB keeps rates on hold, but announces QE and liquidity auctions
The European Central Bank kept all its main interest rates unchanged, a negative surprise for some analysts, but announced a raft of measures of new financing measures.
Fed to cut rates by 100 basis points in March, Rabobank says
Rabobank changed its call for interest rate cuts by the US central bank on the back of what it termed the "current market panic and slow progress in effective policy measures by the [US] federal government. ".
Coronavirus: Trump suspends travel from most of EU to US
The US suspended travel from most of the European Union for 30 days to deal with the spread of the coronavirus, President Donald Trump said in a surprise announcement.