The Bank of Japan (BoJ), European Central Bank (ECB), UK’s Financial Conduct Authority (FCA) and the US Federal Reserve have all announced a range of measures that target the economic and operational risks the virus poses.
“The coronavirus outbreak is a fast-developing situation, which creates risks for the economic outlook and the functioning of financial markets,” says Christina Lagarde, president of the ECB facing her first major test since she took over as ECB president in November.
