Pimco-specialist: Corona crisis speeds up digital currencies

Interest rates will be low for the foreseeable future. If it wasn't for cash, rates would be negative globally, according to macro specialist Peder Beck-Friis from asset management group Pimco.
Peder Beck-Friis, macro specialist of Pimco. | Photo: PR / PIMCO
Peder Beck-Friis, macro specialist of Pimco. | Photo: PR / PIMCO

The corona crisis makes the future very uncertain. Mostly it depends on how the virus will spread when the European countries now ease out of lockdown.

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