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?

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?

Processing…
Success! You're on the list.

Sometimes, my readers would like to make a donation. If you decide to do so, thank you very much.

$1.00

Processing…
Success! You're on the list.
%d bloggers like this: