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Bets on big Fed rate cuts rise as virus spreads, ECB vows action
Traders on Monday piled into bets the US Federal Reserve will deliver a big dose of stimulus starting this month amid mounting concern over the economic impact from the coronavirus and indications that global central banks are readying a monetary rescue.
PHOTO: AFP
[BENGALURU] Traders on Monday piled into bets the US Federal Reserve will deliver a big dose of stimulus starting this month amid mounting concern over the economic impact from the coronavirus and indications that global central banks are readying a monetary rescue.
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