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If the Fed takes interest rates negative, it will do so in spectacular fashion and avoid 'dipping a policy rate toe' below zero, Standard Chartered said

Business Insider Thursday, 28 May 2020
If the Fed takes interest rates negative, it will do so in spectacular fashion and avoid 'dipping a policy rate toe' below zero, Standard Chartered said· Standard Chartered said if the Fed were to introduce negative interest rates, it would have to be at least -0.5% or -1%, in what the bank called a "Hail Mary" move.
· "No one likes trying a 'Hail Mary' from midfield as the clock ticks down when you are losing, but you kick the ball a long way in that situation," Standard...
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