Friday, May 13, 2016

Yellen Doesn't Rule Out Negative Rates in Letter to Congressman

Bloomberg Yellen Doesn't Rule Out Negative Rates in Letter to Congressman Bloomberg Federal Reserve Chair Janet Yellen didn't rule out using negative rates in a future crisis but emphasized that they would be adopted as a last resort. In written responses Thursday to questions from Representative Brad Sherman, Yellen said that "while ... and more »...(read more)
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