On the other hand, too lax policy, such as keeping the real deposit rate deeply negative, could fuel asset price bubbles that, by definition, eventually burst.
He has admitted asset bubbles are a negative side effect, or a cost as he puts it, of low rates, and has acknowledged savers are getting the short end of the stick.
NextEra, with 95% of its portfolio in clean or renewable fuels, noted that the mark-to-market effects of certain hedges, the net effect of other than temporary impairments (OTTI), and certain asset sales had a substantially negative effect on its earnings.