Lesetja Kganyago on Protectionism

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Last quote by Lesetja Kganyago on Protectionism

When the Fed starting raising rates I think we expected that there would be a reversal of flow, there would be a realignment of exchange rates, but now that the Fed is communicating so well the question is always going to be how much of the changes have been priced in. Protectionism is not good for anyone. When protectionism takes place and it comes from the largest economy in the world, you may have other countries responding, and then you have got a rise in protectionism.feedback
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Mar 17 2017
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