Podcasts Other Simply Economics UP 193: Central Banks Out of Ammo; Global Fiscal Stimulus Awaited

UP 193: Central Banks Out of Ammo; Global Fiscal Stimulus Awaited

Published: March 10, 2020, 2 p.m.

Fiscal stimulus increasingly appears to be the best if not only option to fight the economic effects from the coronavirus given that monetary action, with global interest rates below zero or approaching zero and after a decade of quantitative easing, appears to be spent. Jeremy Hawkins and Mark Pender discuss the outlook for economic policy amid the momentous developments playing out in the financial markets.