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Economy

Central banks deploy record sums to break financial logjam, but may need more

Updated : March 23, 2020 02:40 PM IST

Investors, economists and bank strategists said they expect policymakers will have to step in with more support in the coming days to prop up both markets and the real economy - companies losing customers and workers thrown out of jobs.
Governments ramped up their support quickly in recent days as it became clear that the scale of the hit from the virus is likely to be huge.
Central banks deploy record sums to break financial logjam, but may need more

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