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Men's Weekly

the Reserve Bank's plan for when cash rate cuts no longer work

  • Written by Isaac Gross, Lecturer, Monash University
the Reserve Bank's plan for when cash rate cuts no longer workShutterstock

The coronavirus has pushed economies and interest rates into downward spirals.

New Zealand’s Reserve Bank pushed its cash rate from 1.00% to 0.25% on Monday, and the US Federal Reserve cut its benchmark rate to zero on Sunday, making Australia’s cut of 0.25 points from 0.75% to 0.50% earlier this month seem tame by...

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More Articles ...

  1. The 'herd immunity' route to fighting coronavirus is unethical and potentially dangerous
  2. Why are older people more at risk of coronavirus?
  3. New Zealand outstrips Australia, UK and US with $12 billion coronavirus package for business and people in isolation
  4. How a time of panic buying could yet bring us together
  5. what closing schools and childcare centres would mean for parents and casual staff

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