Economics

Asia Faces Rate-Cut Pressure to Curb Fallout From Virus

  • Region’s export-led economies to take brunt of the hit
  • Australia, Thailand, Philippines, India hold policy meetings
Photographer: Qilai Shen/Bloomberg
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Central banks in Asia face increasing calls to cut interest rates as they jump into action against a spiraling coronavirus crisis that’s hammering tourism, travel and confidence across the region.