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RISE - Fed's Powell: No Negative Interest Rates At Next Crisis
ETF Managers Sit Rising Rate ETF
The Fed has different priorities than the ECB, the Bank of Japan, the Swiss National Bank, et al.
During the press conference today following the FOMC meeting, Fed chair Jerome Powell was asked if and when the Fed would push its policy interest rate into the negative. Powell did not respond with his usual, "we will act as appropriate." He had a real answer.
For months, there has been clamoring from Wall Street and speculators, and from the White House, that the Fed should or would cut its policy rates into the negative. Peak of