Bloomberg Federal Reserve Bank of Cleveland President Loretta Mester said the worsening coronavirus outbreak represents a threat to the US economy, but not one that yet justifies any change in monetary policy. “At this point, it is difficult to assess the magnitude of the economic effects,” Mester said in the text of remarks she was scheduled to deliver in Washington. ...

Bloomberg European Central Bank (ECB) President Christine Lagarde kicked off a public consultation on her strategy review with the first direct video address by the institution’s chief to euro-area citizens. Adopting a communication technique untested by her predecessors, the Frenchwoman spoke to camera to invite views on monetary policy in a broadcast on Twitter released in tandem with a press ...

Bloomberg Most of the Brexit uncertainty that has been overshadowing the UK economy has lifted, although it’s too early to say business investment is fully returning, according to Bank of England (BOE) Chief Economist Andy Haldane. A “big chunk, if not all” of the uncertainty has dissipated, Haldane said in answer to questions following a speech at Bloomberg’s European headquarters ...