ECB Maintains Easy Policy Despite Critics
Mikio Kumada, LGT Capital Partners, Hong Kong
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The European Central Bank kept interest rates at ultra low levels despite being criticised by German finance minister that the policy is unsustainable.
The yen at 18-month highs invite attention from US Treasury Secretary.
Mikio Kumada also disagrees with George Soros's view that China is today reflective of the pre-crisis US.
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