LONDON: Global policy makers sought to reassure markets that they’re ready to respond to the coronavirus outbreak, as fears mount that its spread could push the world economy toward recession.
Australia’s central bank reduced the cash rate yesterday by a quarter percentage point to 0.5%, a record low.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!