Title:Fed Wants to Avoid Negative Rates, Kroszner Says
Date:27th August 2020
Description:Aug.27 -- Former Federal Reserve Governor Randall Kroszner discusses central bank policy and the U.S. economy. Fed Chair Jerome Powell unveiled a new approach to setting U.S. monetary policy, letting inflation and employment run higher in a shift that will likely keep interest rates low for years to come. Kroszner, now a professor of economics at the University of Chicago Booth School of Business, speaks on "Bloomberg Daybreak: Australia."