Lukas Coch/AAP
The Reserve Bank Australia has exhausted the limits of monetary policy, There’s no magic pudding, says governor Philip Lowe.
A Black Lives Matter protester outside the Federal Reserve Bank in New York.
Tayfun Coskun/Anadolu Agency via Getty Images
The economic status of Black Americans hasn’t changed since the Fed was handed its mandate in 1977. Could targeting Black unemployment, encouraging credit and reporting discrepancies narrow the gap?
South Africa’s finance minister Tito Mboweni says the IMF loan will limit the country’s economic vulnerabilities which have been exacerbated by COVID-19.
Gallo Images/Brenton Geach
The IMF loan does not impose any conditions over and above what is in South African law on how the funds can be used; it only seems to expect the country to implement policies already announced.
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We’re running out of interest rates to cut to keep the economy from sinking. Before the next recession occurs, we need to come with an effective approach to monetary policy.
No signs of the bottom.
Andrey_Popov
Markets normally rally when central banks throw trillions of dollars at a problem. But not this time.
A sea of red.
AP Photo/Craig Ruttle
The Fed slashed interest rates to near zero but, just as in 2008, it will require unprecedented action to calm panicky markets.
A wrench may not be enough.
mipan/Shutterstock.com
The Fed and Congress have little ammunition available for fighting an economic downturn if COVID-19 triggers one.
The rate cut didn’t calm investor nerves.
AP Photo/Richard Drew
The Fed cut interest rates by half a percentage point in hopes of calming investors. A finance professor explains why it seems to have failed.
Below ground level.
Andamati
Will the all-time lowest rate in the world of -0.75% be enough for these alpine explorers?
The new Bailey.
Kirsty O'Connor/PA
The days of using interest rates to keep the wheels on are at an end.
In a speech on Wednesday night, Morrison will insist this bring-forward does not mean the government is panicking about Australia’s economic conditions.
Lukas Coch/AAP
Following increasing calls for stimulus to be injected into the economy, the government will outline an infrastructure bring-forward of A$3.8 billion over the next four years.
Would the economy be in better shape if the RBA had cut interest rates sooner?
AAP Image/Bianca De Marchi)
The Reserve Bank of Australia says it’s prepared to ease monetary policy further if needed to stimulate the economy. But is the policy working when interests rates are so low?
This is what a financial crisis looks like on Wall Street.
AP Photo/Richard Drew
The Fed cut rates for the third time in as many months – something practically unheard of in a strong economy.
This week’s Essential poll showed 56% of voters would prioritise stimulating the Australian economy over getting back to budget surplus.
Mick Tsikas/AAP
Ross Gittins on the government’s “surplus obsession”
The Conversation , CC BY 29.3 MB (download)
As the Australian economy continues to struggle, many argue that stimulus is needed, urging the government to abandon its "surplus obsession".
“I think Australia has absolutely nothing to hide but cooperation will bring a cost”, says Michelle Grattan on the government cooperating with the inquiry into the Mueller inquiry.
Mick Tsikas/AAP
Deep Saini and Michelle Grattan discuss the consequences of the controversial phone call between Morrison and Trump as revealed by the New York Times.
Interest rate cuts often lead to a boost in construction jobs as developers anticipate better conditions for selling properties.
Stefan Postles/AAP
Record low interest rates will almost certainly drive up property prices. But they will also drive down unemployment and boost investment generally.
Taking a loan has never been easier thanks to the proliferation of mobile lending platforms.
Rosenfeld Media/Wikimedia Commons
Mobile loan platforms have given Kenyans access to easy loans, but they come at a high price.
The Bank of England.
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Neither an interest rate cut nor an interest rate rise are out of the question if there’s a hard Brexit.
The Fed’s Jerome Powell keeps his cards close to his chest.
AP Photo/Patrick Semansky
The US economy may be in worse shape than it seems.
Why is this man smiling?
AP Photo/Richard Drew
An economist unravels the seeming contradiction between stocks flirting with all-time highs and growing fears of a recession.