Starkly illustrating the difficulty of keeping up to date with fast-moving events in the financial markets, hardly had Bank of England governor, Mark Carney, spoken of how Group of Seven officials are working on a powerful and timely response in response to the global economic threat posed by the spreading coronavirus, than US Federal Reserve chairman Jerome Powell unveiled a 50 basis points cut in the Fed's benchmark rate from between 1.5 percent-1.75 percent to between 1 percent-1.25 percent.

This follows the Reserve Bank of Australia's cut in its official rate from 0.75 percent to 0.5 percent, which RBA governor Philip Lowe describes as a decision to support the economy as it responds to the coronavirus outbreak.

Long-term market observers insist that the Bank of England and European Central Bank simply must follow suit.

How do I enable cookies in my browser?

Internet Explorer
1. Click the Tools button (or press ALT and T on the keyboard), and then click Internet Options.
2. Click the Privacy tab
3. Move the slider away from 'Block all cookies' to a setting you're comfortable with.

Firefox
1. At the top of the Firefox window, click on the Tools menu and select Options...
2. Select the Privacy panel.
3. Set Firefox will: to Use custom settings for history.
4. Make sure Accept cookies from sites is selected.

Safari Browser
1. Click Safari icon in Menu Bar
2. Click Preferences (gear icon)
3. Click Security icon
4. Accept cookies: select Radio button "only from sites I visit"

Chrome
1. Click the menu icon to the right of the address bar (looks like 3 lines)
2. Click Settings
3. Click the "Show advanced settings" tab at the bottom
4. Click the "Content settings..." button in the Privacy section
5. At the top under Cookies make sure it is set to "Allow local data to be set (recommended)"

Opera
1. Click the red O button in the upper left hand corner
2. Select Settings -> Preferences
3. Select the Advanced Tab
4. Select Cookies in the list on the left side
5. Set it to "Accept cookies" or "Accept cookies only from the sites I visit"
6. Click OK

Starkly illustrating the difficulty of keeping up to date with fast-moving events in the financial markets, hardly had Bank of England governor, Mark Carney, spoken of how Group of Seven officials are working on a powerful and timely response in response to the global economic threat posed by the spreading coronavirus, than US Federal Reserve chairman Jerome Powell unveiled a 50 basis points cut in the Fed's benchmark rate from between 1.5 percent-1.75 percent to between 1 percent-1.25 percent.

This follows the Reserve Bank of Australia's cut in its official rate from 0.75 percent to 0.5 percent, which RBA governor Philip Lowe describes as a decision to support the economy as it responds to the coronavirus outbreak.

Long-term market observers insist that the Bank of England and European Central Bank simply must follow suit.