SINGAPORE - Singapore’s central bank aggressively eased its monetary policy on Monday, as widely expected, with the city-state’s bellwether economy bracing for a deep recession due to the coronavirus pandemic.
Economists said the changes are the most aggressive easing since the 2009 financial crisis and also come as the central bank forecast deflation and a sharp economic contraction in 2020. All nine economists in a Reuters survey this month expected the central bank to ease as policymakers worldwide step up efforts to limit the economic damage from the fast spreading virus.
The central bank on Monday lowered its outlook for headline and core inflation to -1% to zero percent for 2020. But other economists said the central bank had left itself room for more easing if required. It is next scheduled to meet in October.
Just print money. Lots of it
We can do Chemical Quarantine by giving Chloroquine 400mg and Azithromycin 500mg to everyone person on planet for 4 days and those who are allergic to azithromycin should have only Chloroquine .This drug will not allow for 22 days for corona to attack lungs and only mild symptoms
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