{video}Even as major central bankers say its too soon to respond to the economic fallout from the coronavirus, some economists are debating the need for rare coordinated monetary easing by the Federal Reserve and its key counterparts. In an op-ed in Thursday’s Wall Street Journal, former Fed Governor Kevin Warsh called on U.S. policy makers to “lead the world’s central banks in taking immediate action” to protect their economies from the virus. He proposed that the Fed announce a 25 basis-point interest rate cut, and encourage the People’s Bank of China, European Central Bank, Bank of England and Bank of Japan to ... (full story)