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ECB ready to take 'targeted' steps on coronavirus: Lagarde

"We stand ready to take appropriate and targeted measures, as necessary and commensurate with the underlying risks," ECB President Christine Lagarde said in a statement on Monday.

[FRANKFURT] The European Central Bank is ready to take "appropriate and targeted measures" to fight the impact of the coronavirus outbreak, it said on Monday, joining its US and Japanese counterparts in signalling a possible policy move.

With the virus spreading around the globe,...

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