The Federal Reserve slashed interest rates on Tuesday in an extraordinary attempt to contain economic fallout from the coronavirus, with policymakers voting unanimously for their biggest single cut — and first emergency rate move — since the depths of the 2008 financial crisis. “The virus and the measures that are being taken to contain it will surely weigh on economic activity, both here and abroad, for some time,” Jerome H. Powell, the Fed chair, said at a news conference in Washington after the announcement. “The situation remains a fluid one.”

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