Central bank pandemic rescue packs wow global govvie markets
by Burhan Khadbai,
Frank Jackman, Lewis McLellan
March 19, 2020 10:45 PM
Central banks attacked the coronavirus threat this week, promising swathes of new money on an unprecedented scale to help fund governments’ colossal new fiscal commitments. Bond markets reacted with relief to the swathe of multi-billion programmes aimed at fending off global financial meltdown.
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