Powell doesn’t see the Fed ever using negative interest rates, even in times of crisis

Powell doesn’t see the Fed ever using negative interest rates, even in times of crisis

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., on Wednesday, July 31, 2019.
Andrew Harrer | Bloomberg | Getty Images

Federal Reserve Chairman Jerome Powell shut down the notion that the Fed would use negative rates as a tool to combat future economic weakness.
“I do not think we’d be…

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