Powell Says Fed Not Considering Negative Rates 'For Now'

The video discusses the Federal Reserve's stance on negative interest rates in the US. It explains that the committee has not changed its view and does not consider negative rates an attractive policy tool. Instead, the Fed relies on forward guidance and asset purchases, which have proven effective. The video also highlights the mixed evidence on the effectiveness of negative rates and concerns about their impact on bank profitability and credit availability.

What concerns are associated with the implementation of negative rates?

Why does the committee believe they have a good toolkit for monetary policy?