More from Fed's Quarles - costs of negative rates have outweighed their benefits

Author: Eamonn Sheridan | Category: Central Banks

Earlier post re  Quarles - says he's optimistic recovery will continue to be robust

He is still going:
  • says the costs of negative rates have outweighed their benefits
  • have not considered a negative repo rate on general collateral
  • not on the agenda at all

 Quarles is a member of the Board of Governors of the Federal Reserve 


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