Citi: This Is One Reason Why More Quantitative Easing Probably Won't Work

While debt is cheap, equity is expensive.

We Expect no Change in ECB Policy, Says Investec's Shaw

As central banks in Europe and Japan gear up to further expand quantitative-easing policies, market participants have issued a flurry of stark warnings about the potentially-negative unintended consequences, from the hit to pension funds to the risk of fueling market bubbles.

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