Kotok: Negative Rate Concern Grows and Grows and Grows

The video discusses the current policy environment, highlighting weak PMIs in Italy and France. It features Weber's skepticism about negative rates, suggesting they do more harm than good. Concerns about the growing impact of negative rates are explored, along with the potential for these rates to affect the general public. The video concludes with a discussion on the political resistance in Germany and Italy against negative rates.

What economic indicators from Italy and France are mentioned as weak in the discussion?

• GDP growth rates

• Unemployment rates

• Inflation rates

• PMI data

What is the UBS chairman's stance on negative interest rates?

• They are beneficial for the economy

• They are harmful and ineffective

• They have no impact

• They should be increased

What has been the chairman's perspective on negative rates since leaving the Bundesbank?

• He believes they are the only solution

• His skepticism has grown

• He has remained neutral

• He became more supportive of them

What is the potential reaction of the German public to the transmission of negative rates?

• They will fully support it

• They will demand higher rates

• They will be indifferent

• There will be political uproar

What is a possible consequence of implementing negative rates in the banking system?

• Political stability

• Higher economic growth

• Increased public trust

• Mini shocks in the financial system