Fed slashes rates in emergency coronavirus move, Trump calls action 'terrific'

Fed slashes rates in emergency coronavirus move, Trump calls action 'terrific'

With panic buying on Main Street and fear-driven sell-offs on Wall Street, the U.S. Federal Reserve cut interest rates to near zero on Sunday in another emergency move to help shore up the U.S. economy amid the rapidly escalating global coronavirus pandemic.

This report produced by Chris Dignam.