(Bloomberg) — New York Governor Andrew Cuomo said he expects more cases after the state identified its first coronavirus patient, while Iran and South Korea reported another surge in infections. The OECD warned that global economic growth will sink to levels not seen in more than a decade and stocks resumed declines.The European Union set up a special team to deal with the outbreak as cases rose from Italy to Spain. Earlier, central banks pledged to respond to the rout in markets. Goldman Sachs predicted the Federal Reserve will cut rates by half a point and money markets are anticipating …read more
Source:: Yahoo Finance
