UBS CEO Very Worried About Asset Bubbles, Says ‘Cutting Rates To Infinity’ Not Great For You (Or Him)

UBS CEO Very Worried About Asset Bubbles, Says ‘Cutting Rates To Infinity’ Not Great For You (Or Him)

UBS's Sergio Ermotti sat down for interviews with the financial press on Tuesday after the bank reported its best quarter in nine years. During lengthy comments on the state of the banking industry and the outlook for markets amid a global dovish pivot from policymakers, Ermotti sounded a highly skeptical tone about the efficacy of more monetary accommodation. Asked by Bloomberg whether central banks are blowing bubbles, Ermotti said this: (If the video does not load, p
Subscribe or log in to read the rest of this content.

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.

NEWSROOM crewneck & prints