Yellen Doesn’t Rule Out Negative Rates in Letter to Congressman

  • Fed chair emphasizes high bar for resorting to negative rates
  • Policy makers would need to consider ‘wide range of issues’

Nassim Taleb: Yellen Has the Worst Job in the U.S.

Federal Reserve Chair Janet Yellen didn’t rule out using negative rates in a future crisis but emphasized that they would be adopted as a last resort.

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