Central bank actions make H2 recovery from pandemic possible

Singapore

SWIFT measures by central banks will likely set the stage for economic recovery in the second half of the year, as long as the novel coronavirus pandemic wanes, said economists.

Rapid and large-scale macro policy responses are all about damage limitation in the near term, according to Fitch Ratings chief economist Brian Coulton in a note on Friday.

That said, policy easing should …

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