Simply Economics

The Federal Reserve is keeping rates steady and will continue, at least for the next few months, to add liquidity to the banking system which may be good news for US markets. For UK markets, the Bank of England still sees rates going up at some point but acknowledges it may yet have to cut if the hard data do not improve. Jeremy Hawkins and Mark Pender also discuss the market impact of the coronavirus and they round up the latest economic data, including strength in Eurozone economic sentiment and indicators in the US that are pointing to a strong employment report for January.