Monday Coronavirus Update: Global Cases Near 3 Million, U.S. Cases Near 1 Million

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Good morning, it’s Monday, April 27.

Here’s your daily coronavirus update.

There are nearly 3 million cases of the virus worldwide, with over 200,000 deaths, according to data from Johns Hopkins.

The U.S. is nearing one million cases. Currently, there are over 960,000 cases.

New York has over 288,000 cases.

Spain has over 226,000 cases and Italy has nearly 200,000 cases.

There have been 54,000 fatalities in the U.S.

Italy has over 26,000 deaths and Spain has over 23,000.

The Federal Reserve will be meeting later this week to take a look at interest rates. However, economists do not expect a rate change announcement to be made.

Interest rates are currently near zero, and have been at that level since the Fed made an emergency cut back in March.

And futures are pointing to an open in the green as investors cautiously eye the phased reopenings of economies both in Europe and in the U.S.

Governor Andrew Cuomo of New York said yesterday that New York could start a phased reopening as soon as May 15.

Georgia will allow places such as restaurants and movie theaters to reopen starting today.

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