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They were next scheduled to meet march 17, so essentially coming out today and saying we will use the tools we had to keep monitoring the situation. Comes at a day the g7 finance ministers all got on a call and talk about what to do about the coronavirus. Is that a coincidence or is there some connection . The financetially ministers, led by Steven Mnuchin because the u. S. Is the host country for the g7 meeting, had a policy morning to talk about the coronavirus and the effect on the economy. Only hours later we saw the fed said they were going two. , he wasy as powell said going to talk to central bankers around the world. We think this will put more pressure on other Central Banks to potentially make a move. There was some talk in the markets about how whether or not the banks will make a coordinated move. The banks will move first. We will talk about what happens next with the boe, the bank of canada, etc. Guy did jay powell explain why this move will address this problem . He admi

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