Investors are betting on interest-rate cuts that could start within months.
Investors aren’t buying the idea that central banks’ wait-and-see approach to the coronavirus will last. They’re betting on interest-rate cuts that could start within months.
So far, the view among central bankers across the world is it’s too early to assess what the economic damage will be.for the companies most affected by the biggest virus outbreak outside China, not a wider-reaching rate reduction. While policy makers don’t want to rush, there’s a growing view that what was meant to be a year of central banks on hold will instead see monetary stimulus in some of the world’s biggest economies.
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