(Bloomberg) — Global central banks promised to act as needed to stabilize markets rattled by the coronavirus as the OECD warned the world economy faces its “greatest danger” since the financial crisis more than a decade ago.In an emergency statement, Governor Haruhiko Kuroda said the Bank of Japan will “strive to provide ample liquidity and ensure stability in financial markets.” The Bank of England followed by saying it’s working with U.K. and international authorities to “ensure all necessary steps are taken to protect financial and monetary stability.”Already on Friday, Federal Reserve Chairman Jerome Powell opened the door to cutting interest …read more
Source:: Yahoo Finance
