Fed slashes charges to close 0, eases financial institution lending regulations

WASHINGTON — The Federal Reserve took emergency motion Sunday and slashed its benchmark rate of interest through a complete proportion level to just about 0 and introduced it might acquire extra Treasury securities to inspire lending to take a look at to offset the have an effect on of the coronavirus outbreak. The central financial institution stated the results of the outbreak will weigh on financial job within the close to time period and pose dangers to the industrial outlook. The central financial institution stated it'll stay charges at just about 0 till it feels assured the economic system has weathered contemporary occasions. The Fed additionally stated it'll acquire $500 billion of Treasury securities and $200 billion of

Van Persie hat-trick eases pressure on Moyes

Updated: Wednesday, 19 Mar 2014 22:11 | Comments Robin van Persie scores the opening goal from a penalty kick The Olympiakos goalkeeper Roberto watches on as Robin van Persie completes his hat-trick with a fine free kick Video Audio A stunning Robin van Persie hat-trick was enough to put Manchester United into the quarter-finals of the Champions League and relieve the pressure on their beleaguered manager David Moyes. Van Persie, who left the pitch on a stretcher late on, converted a first-half penalty and scored on the brink of half-time before he struck the final goal of the 3-0 win with a free-kick just after the restart. The win meant that United saw off the challenge of Olympiakos 3-2 on aggregate. The Theatre of Dreams