Coronavirus crisis warranted 'forceful' response from Fed, minutes show

(Reuters) - Faced with an accelerating health crisis centered around the coronavirus outbreak, U.S. Federal Reserve officials last month agreed they needed a pull-out-all-the-stops effort to blunt an economic meltdown as they struggled to comprehend the depth and scope of the risks faced by the world's largest economy.In the first detailed account of how the U.S. central bank decided to launch an historic economic rescue plan, minutes of the Fed's emergency meetings in March showed policymakers..