Fed’s Bullard says that negative rates are not a good option for the US and that they will need to think about how to play QE going forward.
Negative rates probably aren’t effective where they have been tried.
- – FED’S BULLARD SAYS FED ISN’T BATTLING WITH MARKETS; MARKETS BELIEVE FED WILL KEEP RATES LOW FOR QUITE A WHILE
- 21-Oct-2020 14:42:27 – FED’S BULLARD SAYS FED IS BUYING BONDS AT A HEALTH CLIP
- 21-Oct-2020 14:42:43 – FED’S BULLARD SAYS FED WILL NEED TO THINK ABOUT HOW TO PLAY QE GOING FORWARD
- 21-Oct-2020 14:43:17 – FED’S BULLARD SAYS SO FAR SO GOOD, AS FAR AS FED POLICY
- 21-Oct-2020 14:43:58 – FED’S BULLARD SAYS NEGATIVE RATES AREN’T A GOOD OPTION FOR THE U.S.
- 21-Oct-2020 14:44:26 – FED’S BULLARD SAYS NEGATIVE RATES PROBABLY AREN’T THAT EFFECTIVE WHERE THEY HAVE BEEN TRIED
- 21-Oct-2020 14:45:20 – FED’S BULLARD SAYS WE HAVE MADE SUBSTANTIAL PROGRESS IN GETTING VIRUS UNDER CONTROL
More to come…