Australian shares fall as Fed rate cut fails to rein in virus fears; NZ slips
03 Mar Australian shares fall as Fed rate cut fails to rein in virus fears; NZ slips
Posted at 01:12h
in
News
by KMFSLLP
Australian shares fell on Wednesday as
investors fled to the safety of bonds on fears that the U.S.
Federal Reserve’s emergency interest rate cut would not be
enough to buffer the global economy from the widening fallout of
the coronavirus.
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