Fed's Williams: Central banks to play important role in addressing economic impact of coronavirus
|Comments from New York Federal Reserve's (Fed) President Williams on coronavirus outbreak and central bank's role in addressing the negative impact of virus on the economy are crossing the wires via Reuters.
Coronavirus will have near-term effects on the global economy.
Central banks have an important role to play in addressing the economic effects of the virus.
NY Fed will ensure the supply of reserves remains ample.
Fed remains flexible and ready to make adjustments to ensure the monetary policy is effectively implemented.
Fundamentals of the US economy remain strong.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.