5 Things You Need To Know, Today, on Wednesday 4th March 2020

Episode 1777,   Mar 04, 2020, 06:00 AM

The US central bank has slashed interest rates in response to mounting concerns about the economic impact of the coronavirus. The Federal Reserve lowered its benchmark rate by 50 basis points to a range of 1% to 1.25% the first time they've made an emergency move like this since the financial crisis.

The US central bank has slashed interest rates in response to mounting concerns about the economic impact of the coronavirus.

The Federal Reserve lowered its benchmark rate by 50 basis points to a range of 1% to 1.25% the first time they've made an emergency move like this since the financial crisis.

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