Fed more likely to pick QE over negative rates, say economists

By Tom Brown
24 Sep 2019

The Federal Reserve is unlikely to take US interest rates into negative territory, preferring to embark on another round of quantitative easing to stave off a recession, speakers said at ABS East on Tuesday.

Speakers on the last day of ABS East in Miami Beach said that it is unlikely that the Fed will follow the path taken by the European Central Bank. 

“In a lot of ways quantitative easing acts similarly to negative interest rates,” said Beth Ann Bovino, chief US economist ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.