Zero-interest-rate regime keeping US recovery at bay: Asianomics

PUBLISHED ON: September 2, 2011 | Duration: 10 min, 03 sec

   
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Jim Walker, founder CEO and MD of Asianomics, says the US Fed's pledge to keep zero interest rates basically tells people that there is no growth coming in the future. He adds that as long as the Fed keeps the interest rates to near zero, there will be no investment growth and hence recovery in the US economy.
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