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The Business Station
Stocks Stay Frothy as Rates Remain in "Accommodative" Mode
6 mins·07:05, 26 Apr 2019
Stocks Stay Frothy as Rates Remain in "Accommodative" Mode
6 mins
·
07:05, 26 Apr 2019
·
Recommended
Vishnu Varathan, Head of Economics and Strategy, Mizuho, discussed US initial jobless claims, durable goods, and oil prices in the context of a surprise supply surge from the US. He ends with the Bank of Japan's pledge to keep interest rates extremely low and keep monetary policy "highly accommodative".
Presenter: Lyn Mak, Sharidz Abdullah, Khoo Hsu Chuang
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