2019-nCoV Fallout Pushes Central Banks To Cut Rates, Says Analyst

Analyst

ING Bank analyst on Friday said that a 2019 novel coronavirus posed a drag on the global economy, giving central banks — including the Philippines — room to cut interest rates. This, as the world commodity prices will remain “depressed” because of weak demand from China, according to ING Bank analyst Nicholas Antonio Mapa. He … Read more