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ECB's QE could have unintended consequences

Run on euro, rise in bond yields and currency turmoil in Asia and elsewhere are some possible scenarios

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The European Central Bank's aggressive negative interest rate 1.1 trillion euros (S$1.6 trillion) quantitative easing (QE) policy is causing dislocation in European and global markets.

London

THE European Central Bank's aggressive negative interest rate 1.1 trillion euros (S$1.6 trillion) quantitative easing (QE) policy is causing dislocation in European and global markets.

Indeed, the law of unintended consequences could stymie the ECB's overall plan to boost