Central banks around the world have been lowering interest rates in response to the economic impact of the COVID-19 pandemic. The US Federal Reserve has already cut interest rates to near zero, and other countries such as the EU and UK are expected to follow suit. Lower interest rates are meant to stimulate economic activity and support businesses and individuals during this challenging time. Additionally, central banks are implementing other measures to ensure the stability of the financial system and help mitigate the economic effects of the pandemic.
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Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
