More Hassett: If Fed decides to push interest rates negative, he would support it

BY admin admin

The December 2020 Fed Funds futures contract is trading in negative territory
The White House's economic advisor Hassett is on the wires now saying him
recall from yesterday that the January 2021 Fed funds contract traded above 100 implying a negative interest rate. Today, the December 2020 contract is trading at 100.015, also implying a negative interest rate.

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