# Fed's Williams: No need to use negative rates in US - Forex Crunch

> New York Fed President John Williams said on June 30 that the US does not need negative interest rates for current conditions and that yield curve control supports forward guidance. He noted low take-up of emergency facilities signals markets are functioning well, and the dollar index edged lower to 97.29.

- Date: 2020-06-30 · published 2020-06-30T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/52810-fed-s-williams-no-need-to-use-negative-rates-in-us-forex-crunch
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Signals that the Fed will not move to negative rates keep the dollar supported, with little direct effect on feed commodity prices.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-01-30 | [US Dollar Weekly Forecast: The Fed is seen reducing rates twice in 2026](https://feedsoft.ai/events/21241-us-dollar-weekly-forecast-the-fed-is-seen-reducing-rates-twice-in-2026.md) | +0.9% | +0.3% |
| DXY | 2019-02-20 | [How Long Will Fed’s Rate Pause Last? Minutes Could Yield Clues](https://feedsoft.ai/events/60506-how-long-will-fed-s-rate-pause-last-minutes-could-yield-clues.md) | -0.5% | -0.4% |
| DXY | 2018-12-20 | [US Federal Reserve raises rates and trims outlook for 2019 rate increases  \| The National](https://feedsoft.ai/events/61493-us-federal-reserve-raises-rates-and-trims-outlook-for-2019-rate-increases-the.md) | -0.1% | -1.1% |
| DXY | 2024-07-10 | [Why the Fed cutting interest rates may weaken the U.S. dollar](https://feedsoft.ai/events/29459-why-the-fed-cutting-interest-rates-may-weaken-the-u-s-dollar.md) | -0.6% | +0.2% |
| DXY | 2023-08-28 | [US Dollar Index News: DXY Reacts to Powell’s Speech, Rate Hike Speculations Rise \| FXEmpire](https://feedsoft.ai/events/34785-us-dollar-index-news-dxy-reacts-to-powell-s-speech-rate-hike-speculations-rise.md) | +0.2% | +1.3% |

## Sources

- forexcrunch.com: https://www.forexcrunch.com/blog/2020/06/30/feds-williams-no-need-to-use-negative-rates-in-us/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.