Minneapolis Fed president Kashkari: Fed has other tools it can use before negative rates

Market news

19 May 2020

Minneapolis Fed president Kashkari: Fed has other tools it can use before negative rates

U.S. has an extraordinary fiscal capacity to borrow and spend as needed to get through coronavirus crisis
Now is not the time to be cautious in spending
Strong growth in U.S. is probably a year or two away

European stocks closed: FTSE 100 6,002.23 -46.36 -0.77% DAX 11,075.29 +16.42 +0.15% CAC 40 4,458.16 -40.18 -0.89%

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