Global interest rates are at the floor while market rates are being pushed lower and lower to even below sub-zero. - (Fed Reserve - File pic)
THE year 2020 will be remembered in history as a year everyone would rather forget. It will also be a year that will be remembered for one word but then again, there are multiple words to describe the year itself.
Merriam-Webster and Dictionary.com named “pandemic” as their word of the year to describe 2020, while Collins Dictionary named “lockdown” as the word of the year. Oxford English Dictionary expanded its word of the year to encompass several “Words of an Unprecedented Year”. Words chosen include bushfires, Covid-19, WFH, lockdown, circuit-breaker, support bubbles, keyworkers, furlough, black lives matter and moonshot.
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