Federal Reserve Chairman Jerome Powell is expected to strongly oppose the idea of negative interest rates when he speaks Wednesday, though President Donald Trump Tuesday said they would be a benefit to the U.S. Powell is expected to take the opportunity to talk down market speculation about negative interest rates, when he appears in a 9 a.m. ET webcast with the Peterson Institute for International Economics. For the first time ever, the fed funds futures market last Thursday priced in slightly negative rates starting this fall. Since Friday, a number of Federal Reserve regional bank presidents, like Richmond Fed ... (full story)