Fed’s Williams: Central banks to play important role in addressing economic impact of coronavirus

Comments from New York Federal Reserve's (Fed) President Williams on coronavirus outbreak and central bank's role in addressing the negative impact of virus on the economy are crossing the wires via Reuters.  Coronavirus will have near-term effects on the global economy. Central banks have an important role to play in addressing the economic effects of the virus. NY Fed will ensure the supply of reserves remains ample. Fed remains flexible and ready to make adjustments to ensure the monetary policy is effectively implemented. Fundamentals of the US economy remain strong.