Bloomberg: BoA Calls for U.S./Chinese Economic Divorce



According to Bloomberg, Bank of America says a ‘great divorce’ between the economies of the U.S. and China — the two largest economies of the world — will fuel global currency and rates markets in 2016.

Bloomberg reported, according to statement from Bank of America’s head of global rates, that a pivotal question for the U.S. economy right now is not whether the U.S. can live with higher interest rates, but whether China’s economy can handle a rate increase.


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com