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 ImagesFederal 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…