Amid the current cost of living crisis in the United Kingdom, some commercial lenders have joined forces with the British government to offer interest-free loans to high-risk borrowers. The government is funneling 45 million pounds ($57 million) from its Dormant Assets Scheme — previously set...
October 22, 2023
Central banks worldwide are seeking lessons from the cost-of-living crisis, as they convene for their penultimate meetings of the year. The focus of their discussions revolves around three key debates: the flexibility of central banks in reaching their inflation targets, the effectiveness of asset purchases (quantitative easing), and the merits of monetary and fiscal coordination, […]
August 15, 2023
Amid the current cost of living crisis in the United Kingdom, some commercial lenders have joined forces with the British government to offer interest-free loans to high-risk borrowers. The government...
