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If Economy Weakens Further,Would Consider Negative
Looks like the Federal Reserve is getting ready for negative yields while Europe will start bail in for banks! In other words the wee little people (Sheeple) are in for a shearing! [:o)]
serf
http://www.zerohedge.com/news/2016-01-15/here-it-comes-new-york-fed-president-says-if-economy-weakens-further-would-consider-
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
serf
http://www.zerohedge.com/news/2016-01-15/here-it-comes-new-york-fed-president-says-if-economy-weakens-further-would-consider-
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