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If the Fed takes interest rates negative, it will do so in spectacular fashion and avoid ‘dipping a policy rate toe’ below zero, Standard ...
The bank said a rate cut to -0.5 or -1% below zero would push the Treasury yield curve negative as far out as the 10-Year.
George Soros says Europe should tap up an obscure bond used during the Napoleonic Wars to save itself from a coronavirus depression
Consols, also known as perpetual bonds, were used by the US in the 1870s and by the UK during the First World War.
Treasury Secretary Mnuchin sees ‘strong likelihood’ that further stimulus is needed as Senate spars over new bill
While House Democrats have passed a new $3 trillion stimulus measure, Senate Republicans refuse to consider its unemployment benefit expansion.
The Bank of England admitted for the first time it’s considering negative interest rates, but analysts don’t believe it will follow throug...
"We do not rule things out as a matter of principle," Andrew Bailey, the Governor of the Bank of England, said on negative interest rates:
Fiscal relief can only drive so much of a recovery, Robert Kaplan said, noting that testing plays a critical role in lifting consumer confidence.
France and Germany’s $550 billion coronavirus rescue proposal is a 21st century Marshall Plan, but it could be dead before it even gets started
Germany and France proposed a $547 billion EU relief fund on Monday which proposes giving grants instead of loans.
Nobel laureate Paul Krugman warns emerging markets are about to lose their best defense against recession
By entering the current slump with low interest rates, developing nations "make themselves vulnerable to first-world kinds of problems," Krugman said.
The sum is more than five times the amount needed to address the financial crisis and more than double the amount it borrowed in all of 2019.
The Fed and Congress will need to provide more stimulus to defend from a ‘very severe’ economic slowdown, Dallas central bank chief says
US GDP could shrink as much as 30% in the second quarter alongside unemployment soaring to 20%, Dallas Fed president Robert Kaplan projected.
Investors looking to profit from the market rebound should pay more attention to firms' upcoming 2021 forecasts and recovery plans, Goldman said.