U.S. Fed cuts rates to near zero amid coronavirus fears

Photo taken on March 15, 2020 shows the U.S. Federal Reserve building in Washington D.C., the United States. The U.S. Federal Reserve on Sunday cut its benchmark interest rate by a full percentage point to near zero and will increase its bond holdings by at least 700 billion U.S. dollars amid mounting fears over the COVID-19 outbreak. (Xinhua/Liu Jie)