Watch Powell Says Fed Not Considering Negative Rates 'For Now' - Bloomberg

May 13th, 2020

Powell Says Fed Not Considering Negative Rates 'For Now'

Federal Reserve Chairman Jerome Powell discusses the possibility of cutting the Fed’s benchmark interest rate beneath zero, saying that negative rates "are not something we are looking at." Powell spoke Wednesday at a virtual event with the Peterson Institute for International Economics in Washington. (Source: Bloomberg)

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