What caught my eye today: Deep recession in India, the experience of the ECB with negative interest rates, and how did U.S. households use the stimulus payments?

Posted byEBECONPosted inAllgemein, Coronavirus, Future of Money, Future of Work and Economic Growth, U.S. Economy, World EconomyTags:, , , ,

GDP in India contracted at a rate of 23.9 percent:

https://www.reuters.com/article/india-economy-gdp-views/instant-view-indias-economy-shrinks-record-23-9-y-y-in-june-quarter-idUSL4N2FX38H

How did U.S. households use the stimulus payments?

https://www.bls.gov/opub/btn/volume-9/mobile/receipt-and-use-of-stimulus-payments-in-the-time-of-the-covid-19-pandemic.htm

The experience of the European Central Bank (ECB) with negative interest rates:

https://www.ecb.europa.eu/press/key/date/2020/html/ecb.sp200826~77ce66626c.en.html?

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