Stimulus Needs to Pick Up the Slack for Monetary Policy: State Street's Weis

The transcript discusses the surprising economic momentum in developed markets and the role of policy changes, particularly in emerging markets. It highlights the shift from traditional monetary policy to more innovative measures like quantitative easing and fiscal stimulus. The discussion also covers the impact of these policies on market liquidity and the challenges faced by central banks at the zero lower bound. The role of fiscal stimulus in economic recovery is emphasized, with a focus on China's influence on emerging markets. The transcript concludes by noting the regional impact of China's economic policies.

What concerns were raised regarding the potential 'race to the bottom' in interest rates?

In what ways did China's economic response differ from other emerging markets after the financial crisis?