JPMorgan's Chang Says Negative Rates Are Here to Stay

The video discusses the prevalence of negative interest rates globally, particularly in Europe and the potential for similar trends in the US and China. It examines the criticisms and limited effectiveness of negative rates in stimulating growth and inflation. The discussion includes future expectations for central bank actions, the ongoing debate about recession risks, and the significant increase in negative yielding debt.

What percentage of global government bonds currently have a negative yield?

• 50%

• 60%

• 33%

• 20%

Which region has the highest percentage of negative yielding debt?

• United States

• Asia

• Euro area

• Africa

What is the main concern regarding the negative interest rate experiment?

• It has caused a housing market crash.

• It has not stimulated growth or inflation.

• It has increased unemployment rates.

• It has led to high inflation.

How many central banks are currently easing their monetary policies?

• 20 out of 22

• 15 out of 22

• 22 out of 22

• 10 out of 22

What was the recession risk percentage last fall compared to now?

• 40% then, 60% now

• 15% then, 25% now

• 30% then, 50% now

• 24% then, above 40% now