The RBI’s Emergency Toolkit: What It Could Look Like
Shaktikanta Das, governor of the Reserve Bank of India (RBI), pauses during an interview at the central bank in Mumbai, India. (Photographer: Kanishka Sonthalia/Bloomberg)

The RBI’s Emergency Toolkit: What It Could Look Like

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Global central banks have stepped up emergency measures as the novel coronavirus continues to spread.Overnight, the U.S. Federal Reserve slashed its fed funds rate by a percentage point to near zer...