December 14, 2020/Coronation Research Last week the price of oil, Brent crude, edged up over US$50.00/bbl, the first time we had seen this level since March. This raises hopes of much stronger public finances in 2021 than we have seen in 2020, if the rally is sustained into 2021. However, […]
OPINION/EDITORIAL
What to do When Low-for-Long Interest Rates are Lower and for Longer
December 14, 2020/IMFBlog By Tobias Adrian Central banks have played a pivotal role in easing financial conditions in response to the COVID-19 shock, and helped avert a catastrophic downturn. However, their work is far from done. Yet more monetary stimulus will be needed to support economic recovery, and central banks […]
Oil Takes A Breather After Big Rally
December 11, 2020/OilPrice.com By Tom Kool Oil prices fell back on Friday morning following a strong rally on the back of an OPEC+ agreement and new COVID-19 vaccine rollouts around the globe. Friday, December 11th, 2020 Brent hit $50 per barrel on Thursday for the first time since March, edging […]
