Business Insider -
30 Jul 2016 15:01

Thomson Reuters I think it’s possible that the Fed will push rates below zero when the next recession arrives.I explained why a few months ago in my free weekly column, Thoughts from the Frontline, at Mauldin Economics. In that regard, something important happened recently. And not many people noticed. I’ll do a quick review to explain. In Congressional testimony last February, a member of Congress asked Janet Yellen if the Fed had legal authority to use negative interest rates. Her answer ...
Share this Article