Why the Fed Funds Rate Is Headed to Zero

The usually chipper Bruce Kasman over at JPMorgan Chase just lowered his 4Q economic forecast to -4 percent. He also looks for another 75 points' worth of Fed rate cuts this year. Interestingly, Fed economists have written studies that recommend putting the fed funds rate down to zero rather than incremental cuts below 1 percent. Bring on the Zero Handle.

Reader Comments

Add Your Thoughts

Comment Name State Select One AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY International Email

Please enter the two words below into the text field underneath the image.

Incorrect please try again

Enter the words above: Enter the numbers you hear:

Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.