Counting the Cost

Where is the global economy headed in 2015?

Economist Stephen King on the monetary tug of war that could play out in the financial world in the coming year.

Stephen King is the chief economist at global bank HSBC, and this year he has got a theory about where the global economy is headed – and it is potentially nowhere.

Because while some countries want to start raising interest rates after years of stimulus, others need to do the opposite to kickstart their flagging economies.

So in an exclusive interview he tells us about the global monetary tug of war which could be played out in 2015.