“The public demands fast action,” said the central bank’s new governor
Experts weigh in on whether stimulus packages will be enough
The ECB decided to buy up to 120 billion euros more in bonds this year
The cut took the main rate to a record-low 0.25%
Services continued to be the main driver of price gains
The SEC said operations would not be affected
The economy was in strong shape before fears of the the coronavirus escalated
The spread of the coronavirus prompted the Fed to cut rates in an emergency move
But it's unclear how a rate cut would counteract the effects of the coronavirus
Incomes rose 0.6%, the biggest rise in nearly a year