The Fed Wants to Test How Banks Would Handle Negative Rates
• http://www.bloomberg.com, by Rich MillerAs interest rates turn negative around the world, the Federal Reserve is asking banks to consider the possibility of the same happening in the U.S.




What is there to test. They already do that. Negative interest rates mean they charge you to keep your money with them. What's to lose for them? I'm sure they would hardily embrace the mandatory use of e-currency card (account) and the elimination (illegality) of cash (possession) transactions.