June 2020 – Vanderbilt Business Review

European Central Bank Ramps Up Asset Purchases in Light of Pandemic

Jun

All Posts, Economy and Government, World

European Central Bank Ramps Up Asset Purchases in Light of Pandemic

On June 4, 2020, the European Central Bank (ECB) announced it would increase its envelope of asset purchases by €600 billion to a total of €1.35 trillion. The increased purchases will further the central bank's policy of monetary easing in order to help households and businesses deal with the economic…

Negative Interest Rates: A Novel Solution or a Novelty Item?

Jun

By Maxwell Qian

All Posts, Economy, Economy and GovernmentCOVID-19

Negative Interest Rates: A Novel Solution or a Novelty Item?

In the wake of the economic downturn caused by the COVID-19 pandemic, some in the United States, including president Donald Trump, have called on the Federal Reserve to push interest rates below zero. Negative interest rates would be unprecedented in the US but they have become established monetary policy in…