On the recordFebruary 10, 2016
isn't it also true that there is an internal memo at the Fed from, I think it was, August of 2010 that raises doubts about whether the Fed has the legal authority to impose negative interest rates?
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congress.govPat Toomey: “isn't it also true that there is an internal memo at the Fed from, I think it was, August of 2010 that raises doubts…”
Editor's note · Context
Toomey questions the Fed's legal authority regarding negative interest rates.
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