US Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell "will lead a call with their G7 counterparts tomorrow morning," the department confirmed in a statement.
Britain's Chancellor of the Exchequer Rishi Sunak echoed her comments in a late Monday night statement, saying, "We are well prepared for this global threat and, as the wider economic picture becomes clearer, we stand ready to announce further support where needed." The outbreak has mostly caused disruptions for businesses, which are better addressed with "targeted measures" from governments, he told BFM Business television.
The Bank of England, for its part, said it was monitoring the situation and working closely with domestic "as well as our international partners to ensure all necessary steps are taken to protect financial and monetary stability.""We will demonstrate total solidarity towards entrepreneurs who are on the front line," he said, noting that the government already had decided to let suppliers out of their contracts due to the coronavirus.