Emerging markets cut interest rates to blunt coronavirus damage

Thailand and Brazil opt for record lows as tourism and resources take hit

TATSUYA GOTO and JUN ENDO, Nikkei staff writersFebruary 7, 2020 03:16 JST | Philippines

NEW YORK/MANILA -- Emerging countries are cutting interest rates to shield their economies from the fallout of the deadly coronavirus outbreak that has brought industrial and consumer activity in much of China to a standstill.