Fed Wants to Avoid Negative Rates, Kroszner Says - Business News, Finance News, Share Market News - Market trendz

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Friday 28 August 2020

Fed Wants to Avoid Negative Rates, Kroszner Says



Aug.27 -- Former Federal Reserve Governor Randall Kroszner discusses central bank policy and the U.S. economy. Fed Chair Jerome Powell unveiled a new approach to setting U.S. monetary policy, letting inflation and employment run higher in a shift that will likely keep interest rates low for years to come. Kroszner, now a professor of economics at the University of Chicago Booth School of Business, speaks on "Bloomberg Daybreak: Australia."
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