48885
Negative Rates Working
Negative Rates Working

Negative Rates Working

Negative Rates Working

Federal Reserve Vice Chairman Stanley Fischer said negative interest rates seem to be working in other countries, while reinforcing that they aren’t on the table in the US. While the Fed isn’t “planning to do anything in that direction,” the central banks using them “basically think they’re quite successful,” Fischer said Tuesday on Bloomberg Television in Washington. He reiterated that Fed rate increases will be data dependent without giving a specific timeline. Fischer’s comments on negative rates come days after Chair Janet Yellen left the subject out of a speech on the future US monetary policy toolkit, suggesting that they’re not an option that’s up for discussion at the Fed.

 

Short URL : http://goo.gl/RqOX90
  1. http://goo.gl/eFf8S9
  • http://goo.gl/h71205
  • http://goo.gl/4iw15K
  • http://goo.gl/asom0P
  • http://goo.gl/vXHHI5

You can also read ...

If both sides continue with tit-for-tat tariffs, the inflation would lead to further increases in interest rates  and give rise to disturbances in the currency markets.
The trade war between the US and China risks substantially...
Norway to Surpass Sweden
Sweden’s economic prospects have dimmed in recent months and...
Hong Kong’s GDP fell to 3.5% in the second quarter.
The outlook for Hong Kong’s economy is darkening as rising...
Many emerging market economies are better prepared now because they have a good international reserve position and they allow their exchange rates  to float more freely.
Italian economist Claudio Borio is considered an authority in...
China Growth Momentum Slows
China’s economy hit a mid-year rough patch as efforts to curb...
Crypto Market Struggles as Bitcoin Dips Below $6,000
Bitcoin touched below $6,000 and dozens of smaller digital...
Lebanon Economy Struggling
Lebanon’s economy has been in a precarious position in recent...
Finnish GDP May Slow
The Finnish economy remained robust in the spring and early...

Trending

Googleplus