The global economy is in a precarious state these days, with the resilience that was exhibited earlier this year expected to fade. While India and the United States remain areas of growth, the European Union appears to have slipped into recession and China is not experiencing the strong ... READ MORE >
G-7
CHART OF THE DAY: Major economies to bolster spending in 2021
Pandemic-induced fiscal operations and monetary accommodation have pushed nominal and real policy rates into negative terrain, while aid to offset lost jobs and income has soared into the trillions around the G-7 economies. With Joe Biden set to be inaugurated as the 46th president of the United States ... READ MORE >