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
Analysts warn of serious disruptions to the global economy
By acquiring Legg Mason, Franklin will have a combined $1.5 trillion in assets under management
The bank's net profit fell 53% in 2019
Judy Shelton has been a skeptic of the need for the Fed’s independence