Quote:Tomoaki Shishido, senior economist at Nomura Securities in Tokyo, said the Fed would not even have to wait for data to make up its mind: We don’t even need to wait for economic data to see how badly the economy is being hit. You can tell that the sales of airlines and hotels are already falling by a half or something like that. It is fair to say the impact of the coronavirus will be clearly much bigger than the US-China trade war. So the Fed does not have a reason to take a wait-and-see stance next month.(1) Coronavirus latest updates: US stocks suffer biggest one-day fall, Australian market dives | World news | The Guardian
Quote:Adding to the misery: Japan and China say patients have tested positive for the virus a second time after reportedly recovering fully from an initial infection (Reuters). Scientists suggest it is possible COVID-19 can go dormant in some patients and re-emerge. More research is needed. The Hill's Morning Report - Presented by Facebook - Trump on US coronavirus risks: 'We're very, very ready for this' | TheHill