Negative Interest Rates Confront Growing Chorus of CEO Critics
- MUFG CEO says negative rates undermine strength of Japan banks
- Bill Gross says minus rates rob investors of earnings power
Negative Rates Have Overstayed Their Welcome, Here's Why
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The chorus of global financial leaders warning about the fallout from negative interest rates is getting bigger.
Commerzbank AG Chief Executive Officer Martin Blessing became the latest to lend his voice to the choir, saying Wednesday at the lender’s shareholder meeting in Frankfurt that negative rates cause uncertainty and lead to wrong investment decisions.