Bar for Fed Doing Negative Rates Is 'Really, Really High,' Dudley Says

The video discusses the rationalization of new terminal rates in the financial system, highlighting the shift in real interest rates and the Taylor rule. It examines the impact of trade wars on GDP and investment, and explores the feasibility of negative interest rates in the U.S., considering global experiences.

What are the potential consequences of negative interest rates as mentioned in the text?

What does the speaker imply about the Federal Reserve's stance on negative interest rates?