<Anchor>

Corona19 has raised concerns about the global economy, and the US central bank, the Federal Reserve, has cut interest rates by 0.5 percentage points. Trump has repeatedly ruled out excluding further measures against high-risk countries, including South Korea.

Canon correspondent correspondent in Washington.

<Reporter>

The US Federal Reserve lowered the benchmark rate by 0.5 percentage points.

As a result, the US benchmark interest rate fell from 1.5% to 1.7% to 1 to 1.25%.

The Fed says Corona19 raises the risk of economic activity and has decided to cut interest rates for maximum employment and price stability.

[Jerome Powell / Federal Reserve Chairman: I think the risks to the US economic outlook have changed substantially. In response, we relaxed the monetary policy stance to further support the economy.]

The decision to cut interest rates appears to be aimed at stabilizing market sentiment with a full-blown monetary easing policy as the US stock market falls sharply as the global economic uncertainty increases with the spread of Corona19.

The Fed lowered its benchmark rate in five months since October last year, the largest decline since December 2008.

But despite the Fed's rate cuts, New York markets still fell significantly.

With the number of deaths in the United States from Corona 19 to nine, President Trump has repeated the possibility of further action on high-risk countries.

[Trump / U.S. President: I watch Italy very carefully, and I watch Korea and Japan closely. At the right time, we will make the right decision.]

The number of corona19 confirmed cases in the United States has increased to 12 states, and the total number of confirmed cases has increased to 108.