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Fed’s Bullard: U.S. rate cuts ‘a possibility’ if coronavirus intensifies, not base case

By Howard Schneider FORT SMITH, Ark. (Reuters) – Federal Reserve rate cuts are “a possibility” if the coronavirus outbreak intensifies into a global pandemic, St. Louis Fed president James Bullard said Friday, while adding that market pricing for a rate cut will not force the central bank’s hand. In the most explicit assessment yet from […]

Oil prices flat; OPEC+ mulls supply cut as virus hits demand

By Stephanie Kelly NEW YORK (Reuters) – Oil futures gave up early gains and settled narrowly mixed on Thursday, as OPEC and its partner Russia gave mixed signals about possible further output cuts to mitigate the impact of any weakening in global demand due to the coronavirus outbreak. Brent crude <LCOc1> futures lost 35 cents […]

Two paragliders killed in gale-force German gusts as country battered by 81mph wind

We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info The French pair died after their motorised paraglider was caught by a strong gust of […]