Higher chance Singapore will ease monetary policy as Asia faces rate-cut pressure from coronavirus
HONG KONG (BLOOMBERG) – Central banks in Asia face increasing calls to cut interest rates as they jump into action against a spiraling coronavirus crisis that’s hammering tourism, travel and confidence across the region. The People’s Bank of China trimmed some interest rates on Monday (Feb 3) and injected massive liquidity into the financial system to shore up slumping markets. Indonesia’s […]
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