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: …

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