Central banks stay on the frontline of global economic fight
INTERNATIONAL – Central banks are out to prove the doubters wrong, unleashing a whole new wave of stimulus after years of being told they were out of ammunition.
In response to the economic fallout from the coronavirus, there’s been a string of interest-rate cuts, bond purchases, lending support and liquidity measures.
And this week is proving no different, as policy makers try to get ahead of what could be a global recession.
Source: iol.co.za