The Argument for Negative Interest Rates in the US has Strengthened, Goldman says — But the Fed Remains Opposed

No Bond Taper

The bank said that a deep and prolonged recession would warrant negative interest rates, as asset purchases and forward guidance from the Fed would likely not “fill the gap,” unless it started to buy risky assets like stocks. The argument for cutting interest rates below zero is the same as cutting interest rates above zero: …

Read moreThe Argument for Negative Interest Rates in the US has Strengthened, Goldman says — But the Fed Remains Opposed

The Argument for Negative Interest Rates in the US has Strengthened, Goldman says — But the Fed Remains Opposed via @goldsilverrepor

Fed Again Cuts Interest Rates as Economic Growth Slows, Powell Says Policy in Good Place

Negative Interest Rates

Fed Again Cuts Interest Rates 0.25 percentage points, which was widely expected, brings the Fed’s target rate to a range of 1.5% to 1.75%. Less clear is where central bankers go from here amid signs the economy is slowing down.

Read moreFed Again Cuts Interest Rates as Economic Growth Slows, Powell Says Policy in Good Place

Fed Again Cuts Interest Rates as Economic Growth Slows, Powell Says Policy in Good Place via @goldsilverrepor