Aggregate Demand and Supply
Borrowing
Consumer and Business Behaviour
Prime Minister Modi announces a $60 billion relief plan to help small businesses in India
India, the second largest country in the world with a population of 1.35 billion people, has now been in lockdown for over 50 days. The impact of such a widespread stay-at-home order has had a […]
Aggregate Demand and Supply
Now this is monetary policy: US Federal Reserve is throwing everything it’s got at the coronavirus
In an unprecedented move today, the US federal reserve, which controls and coordinates American monetary policy, has announced a cocktail of measures to combat the economic fallout from the coronavirus which utilises almost every weapon […]
Aggregate Demand and Supply
Now is the time to borrow: Bank of England slashes interest rates to 0.25%
In an attempt to combat the economic fallout caused by the outbreak of the coronavirus, the Bank of England has taken the extreme measure of cutting interest rates from 0.75% to 0.25%. Monetary policy of […]