UBS On-Air: Paul Donovan Daily Audio 'Furlough extensions, benefit failures'




UBS On-Air show

Summary: We have speakers from the ECB and the Federal Reserve; Bank of England Chief Economist Haldane is also speaking (the views of chief economists should always be treated with reverence). Markets are not likely to care, however. The idea of low rates for a long time is so deeply embedded into market expectations it would take dynamite to shift that perception.