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Re: Here It Comes: New York Fed President Says "If Economy Weakens Further, Would Consider Negative Rates" 

By: DGpeddler in POPE IV | Recommend this post (1)
Sat, 16 Jan 16 1:42 AM | 88 view(s)
Boardmark this board | POPES NEW and Improved Real Board 		Msg. 02522 of 47202
(This msg. is a reply to 02518 by capt_nemo)
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Just think, when the rate goes
negative, you can loan the
government a grand and then
later pay them for borrowing
your money.

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The above is a reply to the following message:
Here It Comes: New York Fed President Says "If Economy Weakens Further, Would Consider Negative Rates"
By: capt_nemo in POPE IV
Fri, 15 Jan 16 11:27 PM 		Msg. 02518 of 47202

Submitted by Tyler Durden on 01/15/2016 - 09:43

Remember when the Fed's dots - less than a month ago - suggested there would be 4 rate hikes in 2016? Ah, the memories. Well, you can not only forget that (now that the market is estimating the next rate hike will come in October if ever), but it appears that the Fed will follow Kocherlakota's advice after all and not only cut rates (the possibility of a January rate cut now is 10%), but will pass go, and collect negative rates:

DUDLEY: IF ECONOMY WEAKENED, WOULD CONSIDER NEGATIVE RATES

After today's atrocious, recessionary data, one can be certain that the Fed is furiously considering negative rates.

http://www.zerohedge.com/news/2016-01-15/here-it-comes-new-york-fed-president-says-if-economy-weakens-further-would-consider-

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