Choyleva: negative interest rates will lead to a real crisis

Bloomberg Surveillance

Bloomberg

News, Business, Business News, Investing

3.8 • 1.2K Ratings

🗓️ 24 February 2016

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

Choyleva: negative interest rates will lead to a real crisis

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0:00.0	Business stories aren't just about business. They're also about policy, politics, finance, and more.
0:06.5	With Bloomberg, you stay informed on global coverage that connects the dots.
0:10.5	The Bloomberg mobile app now features Apple Car Play and Android Auto so you can get the latest live radio,
0:16.7	podcasts and audio articles in the car. Download the Bloomberg Mobile App now to get started.
0:22.0	Find it in the Apple App Store or on Google Play.
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0:28.0	Broadcasting live to New York to New York Bloomberg 1130 to Washington DC
0:37.9	Bloomberg 991 to Boston Bloomberg 1200 to San Francisco, Bloomberg 960, to the country,
0:45.0	Sirius XM Channel 119, and around the globe, the Bloomberg Radio Plus
0:49.6	app at Bloomberg
0:53.4	surveillance. Good morning,
0:55.0	on Wall Street.
0:56.5	This is Bloomberg surveillance.
0:57.5	I'm Michael McKee along with Tom Keene.
1:00.0	Couple of things making news out there. Moody's has cut Brazil's finance rating to
1:06.7	junk this morning and downgraded Brazil's outlook too negative.
1:12.6	Home Improvement Retailer lows make 59 cents a share matching estimates on better than
1:16.8	a forecast revenue of $13.2 billion.
1:20.1	That's on better than forecast comp store sales.
1:23.0	They were up 5.2%.
1:24.4	They're boosting their forecast for the year,
1:26.0	as well as Tom notes.
	...

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