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Despite interest rates coming down, New Zealand’s economy is being pushed further into recession by government austerity measures. Basic macro-economic analysis shows why.
This says that if everything else stays the same, the Reserve bank can increase economic output and employment by lowering the interest rate. Or it can cause a recession by raising the interest rate.
The great challenge for the UK economy in the months ahead is to restore some degree of growth following a very sluggish 2023.
Markets are convinced that a rate cut is coming, likely in the first half of this year. So far, the Bank has not been persuaded.
The eurozone crisis explained in 5 simple graphs Governments have collapsed and bailouts have run into the hundreds of billions of euros, and still the eurozone crisis builds. How did we get here?
The economy has convinced markets a rate cut is coming, likely in the first half of this year. The Bank of England has not been persuaded.
Have you even taken an economics course in school, filled with incomprehensible graphs and equations, taught by instructors who seemed to be disconnected from the real world? If so, and if even if not ...
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