Stephen Roach: Irresponsible negative rate policies, China’s currency fears

Stephen Roach: Irresponsible negative rate policies, China’s currency fears

Bernie Lo, CNBC, Released on 3/21/16 “You are changing the relationship between borrowers and lenders.” Part 1 (part 2 below) “They [China] have more than enough firepower to deal with pressures on their currency.” Part 2 Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm’s chief economist, is a senior fellow at […]