Fed's Dudley: negative rates shouldn't be in U.S. conversation

The U.S. economy has "quite a bit of momentum," making it "extraordinarily premature" to even talk about the possibility of using negative rates to stimulate the economy, an influential Federal Reserve official said on Friday. "To me, that’s not something that should be part of the conversation right now," New York Fed President William Dudley told reporters at a press conference. Fed Chair Janet Yellen was repeatedly asked about the possibility of negative rates in her two days of Congres