For many years, we have been wondering how we could face a crisis if interest rates were very low before the onset and the central banks had little to no ammunition to fight a recession. We are in the process of finding out. The ineffectiveness of the Fed actions in recent weeks show that fiscal policy is not only what investors expect, but likely the only thing that can help reduce the impact of the coming economic downturn in Europe, the UK and the United States.
What comes next and how to help
What comes next and how to help
What comes next and how to help
For many years, we have been wondering how we could face a crisis if interest rates were very low before the onset and the central banks had little to no ammunition to fight a recession. We are in the process of finding out. The ineffectiveness of the Fed actions in recent weeks show that fiscal policy is not only what investors expect, but likely the only thing that can help reduce the impact of the coming economic downturn in Europe, the UK and the United States.