Negative Rates Closer Than We Think?

Reuters: Fischer says no Fed plan to move to negative interest rates
Federal Reserve Vice Chairman Stanley Fischer said there is no plan to use negative rates in the United States, though the matter is under study.

"We are some ways away from that," Fischer said at an energy conference in Houston. He said the use of negative rates in countries like Denmark "has been better than people expected," particularly in discouraging rapid inflows of capital.
The first sentence makes it sound like the Fed officials are "some ways" away from it, but it's unclear how much of that statement is conditional on the economy and financial markets.

Negative interest rates for a small country such as Denmark, specifically trying to stem inflows, is a much different story than negative interest rates on a major currency such as the euro and yen, to say nothing of the reserve currency.

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