JakeStarkey
Diamond Member
- Aug 10, 2009
- 168,037
- 16,520
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- Banned
- #1
Yellen is not sure negative rates are legal in the US.
I certainly hope not.
CNBC US Home
"In her remarks, Yellen said that more than seven years after the emergency policies were put in place, family incomes and wealth are rising, domestic spending "has continued to advance," and business investment outside the oil sector accelerated in the second half of the year. She said she expects the labor market to continue to improve and inflation eventually rise toward the Fed's target despite a recent drop in inflation expectations cited by some policymakers as particularly unnerving."
I certainly hope not.
CNBC US Home
"In her remarks, Yellen said that more than seven years after the emergency policies were put in place, family incomes and wealth are rising, domestic spending "has continued to advance," and business investment outside the oil sector accelerated in the second half of the year. She said she expects the labor market to continue to improve and inflation eventually rise toward the Fed's target despite a recent drop in inflation expectations cited by some policymakers as particularly unnerving."