Trump Counts on the Fed to Shore Up Markets, Keeping Up His Pressure Tactics

President urged central bank on Saturday to be a leader amid coronavirus fears

The Dow had its worst losing streak since the financial crisis on coronavirus fears. WSJ's Paul Vigna breaks down this week's market winners and losers. Photo: Johannes Eisele/Agence France-Presse/Getty Images

2020欧洲杯APPPresident Trump said he is counting on the Federal Reserve to shoulder the government’s response to economic disruptions caused by the coronavirus, renewing the pressure campaign he has used against the central bank during previous bouts of market uncertainty.

After the stock markets’ worst week since the financial crisis, Fed Chairman Jerome Powell signaled in a statement Friday that the central bank is prepared to cut interest rates to cushion the U.S. economy against the effects of a potential public-health emergency and...