The US Federal Reserve caught many by surprise with an emergency rate cut to stem effects of the Covid-19 outbreak, and strategists believe other central banks will follow suit, though the effects could be limited.
PHOTO: REUTERS
Singapore
THE US Federal Reserve caught many by surprise with an emergency rate cut to stem effects of the Covid-19 outbreak, and strategists believe other central banks will follow suit, though the effects could be limited.
On Tuesday, the US central bank made a 50 basis points (...
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