The UK, France, and Spain have all recently announced some targeted shutdown measures aimed at containing the spread of the coronavirus. There's a good probability that other European countries will be doing the same.

Fed Brief

Fed Chair Powell told the world on Wednesday that the Fed is comfortable letting inflation run moderately above 2.0% for some time and that there won't be any quick-footed response to raise the fed funds rate as it does. In brief, the Fed currently doesn't see any need to change its policy accommodation until there is maximum … More...