Highlights: Shutdowns, isolation, and social distancing measures have had a profound impact on consumer-facing sectors and have resulted in large spikes in unemployment. Central banks around the world have embarked on unprecedented emergency lending and bond buying programs to combat the economic effects of the coronavirus. The Bank of England forecasts UK GDP to…

The coronavirus has had a significant impact on investment markets. Bob Cunneen, Senior Economist at MLC, discusses what to expect over the coming months.

At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points. The global economy is experiencing a severe downturn as countries seek to contain the coronavirus. Many people have lost their jobs and a sharp…