The Reserve Bank of India The Reserve Bank of India(RBI), headquartered in Mumbai, India, manages currency in India. The bank’s…
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Who Sets Fiscal Policy—the President or Congress?
Fiscal policy refers to the actions taken by governments to help direct their economies. In the United States, both the…
Read MoreWhat Are Some Examples of Expansionary Fiscal Policy?
Examples of expansionary fiscal policy include tax cuts and increased government spending. Both of these policies are intended to increase…
Read MoreHow Can a Change in Fiscal Policy Have a Multiplier Effect on the Economy?
A change in fiscal policy can result in a multiplier effect throughout an economy. Any increase or decrease in government…
Read MoreHow Do Fiscal and Monetary Policies Affect Aggregate Demand?
Aggregate demand is a macroeconomic concept representing the total demand for goods and services in an economy. It’s often used…
Read MoreDow Jones futures slide after Trump announces import tariff hike
JAKARTA – Futures contracts on the Dow Jones Industrial Average (DJIA) fell by 2.5%, or 1,064 points, after the President…
Read MoreTrump starts tariff war, Asian stock markets shaken
JAKARTA – Asian stock markets experienced a sharp correction after Donald Trump, the President of the United States (US), announced…
Read MoreTrumps tariff war sends gold price soaring to all-time high
JAKARTA – Global gold prices have reached a record high amidst global economic uncertainty triggered by the US-China trade war…
Read MoreDRMA eyes export growth as US and Mexico engage in tariff war
JAKARTA -PT Dharma Polimetal Tbk (DRMA) is optimistic about increasing the export volume of automotive components to the United States…
Read MoreTrumps tariff triggers global sell-off, European stocks slump 2.7%
DUBLIN – European stock markets closed lower on Thursday (3/4) after U.S. President Donald Trump announced reciprocal tariffs, triggering a…
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