Is Saving Money Now a Good Idea or Not?
Central banks can’t promise a minimum yield for savers, Bundesbank President and ECB Governing Council member Jens Weidmann says in Munich. “It’s the task of central banks to protect people against inflation. They can’t promise a minimum rate for savers.” DIW German Institute for Research President Marcel Fratzscher discusses saving in a time of negative rates with Bloomberg's Guy Johnson on "Countdown."
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Avianca CEO Says Kingsland Suit Has No Merit
57:15 - Hernan Rincon, Avianca Holdings chief executive officer, comments on the company's negotiations with United Continental and the future of airlines in Latin America. He speaks with Bloomberg's Vonnie Quinn on "Bloomberg Markets." (Source: Bloomberg)