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Policymakers could recommend banks establish backup facilities and the Federal Reserve could stand ready with emergency loans to limit economic shock waves.
The Association of Chartered Certified Accountants has released a paper examining the impact of the coronavirus, and how it is affecting economies around the world, including the U.S.
The municipal bond market is in for another action-packed week, with above-average issuance and COVID-19 still spreading rapidly.
The state's projected budget surplus was raised to $1.5 billion, but officials are cautious over risks of economic slowdown and the impact of COVID-19.
Fears stemming from the coronavirus have resulted in lower mortgage rates and more business for now, but if the situation deteriorates further, consumers could decide to put off buying a home.
Policymakers may not wait until their mid-month meeting and could act with other central banks.
Stock market volatility continues, as investors gauge the impact of the coronavirus on the global economy. We turn to dealmakers from Riverside, Merrill Corp. and Paul Hastings for insights on how the virus will affect the middle market. Houlihan Lokey, headquartered in Los Angeles, tops the list of most active investment banks in PE-backed deals. Audax, in Boston, ranks as No. 1 in PE firms doing U.S. deals.
Issuers tapping the market in uncertain times, but with certainty of low rates.
Coronavirus, also called Covid-19, is wreaking havoc on the stock market, with a heightened effect on the travel industry. It could also cause a drastic change in payment habits, as consumers shift to digital channels to reduce their risk of infection from handling cash.
With health organizations warning of a global outbreak, banks are starting to assess the risks to their bottom lines.















