Mortimer-Lee: Soft policy keeps ’zombie companies’ in business

BNP Paribas Chief Economist Paul Mortimer-Lee is skeptical that monetary policy can improve the long-run functioning of the economy. He joins Tom Keene and Barry Ritholtz on Bloomberg Surveillance to discuss the potential pitfalls of sustained soft policy.

producer: Richard Trueman +1-212-617-5560 or rtrueman@bloomberg.net

Running time 20:17

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