HSBC's Stephen King: Central Banks Are Creating Asset Price Bubbles, Faster Economic Growth Unachievable With Deflationary Pressures

| |
Via FT Video:

The pursuit by central banks of growth rates that are no longer achievable risks stoking an asset price bubble. Yet there is also a risk of deflation. Stephen King, chief economist at HSBC, tells John Authers that central bankers have a hard task.