We’ve seen negative oil, Will the US see negative interest rates?
The federal government has been going head in with this epidemic. we’ve seen stimulus in the market giving assistance to citizens and businesses. Early on during this Covid-19 crisis the Federal Reserve cut interest rate to near zero. Europe has experienced negative rates, We have not here in the US. We‘ve seen oil go a commodity to a liability. Trading at a negative value, being paid to take oil. 2020 has been A wild economic ride so far. Seeing a negative interest rate is unlikely at this moment; However it is certainly possible if economic conditions worsen and we see further problems occur in our economy.
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