Yes, the bank would effectively pay you to borrow money. But negative interest rates won’t please savers, nor will they meet the big challenges of economic recovery.
Canadian governments are failing to treat future citizens fairly by saddling them with huge debt. What policies should Canadian governments enact that offer greater fairness to future generations?
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?
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.
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.
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.
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?