Uh ahhhhhh
He is saying that now but after cutting rates again today and trump wishing for rates to be at historical low levels they may just get there. If there is another recession and crisis rates will have to go negative because where else would they go when rates are at historical low levels and there is a crisis at hand??
Powell doesn’t see the Fed ever using negative interest rates, even in times of crisis
PUBLISHED MOMENTS AGO
He is saying that now but after cutting rates again today and trump wishing for rates to be at historical low levels they may just get there. If there is another recession and crisis rates will have to go negative because where else would they go when rates are at historical low levels and there is a crisis at hand??
Powell doesn’t see the Fed ever using negative interest rates, even in times of crisis
PUBLISHED MOMENTS AGO