US ramps up virus response with shutdowns, rate cut and a curfew
US nightlife capitals New York and Los Angeles ordered bars and restaurants to close or go take-out only as the country scrambled to contain the coronavirus pandemic and the Federal Reserve slashed rates to stem the fallout.The fast-spreading outbreak has claimed almost 70 lives in the United States, disrupting every walk of life as Americans watching Europe plunge into lockdown, and panic-buying at home — brace for what is to come.
Faced with an economic shutdown, the Fed announced a raft of emergency measures to shore up confidence and keep the financial sector running, including cutting the key interest rate to 0-0.25 Relax. We’re doing great. It all will pass,” the president said.
President Donald Trump, addressing a now-daily briefing of the White House task force on the crisis, praised the “phenomenal” action by the Fed, and sought a reassuring tone even as he pleaded with Americans to stop stripping store shelves bare.-
But Anthony Fauci, the country’s leading expert on infectious diseases, was blunt in telling Americans to prepare for hard times ahead, saying it was vital the country made the right choices In drastic measures, New York’s Mayor Bill de Blasio said the city’s usually buzzing bars and restaurants would be restricted to take-out or delivery, and that nightclubs, theaters and concert venues must close starting Tuesday.

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