WSJ says the Federal Reserve is unlikely to consider negative interest rates

I posted earlier on the Federal Reserve Chair Powel appearing this week, likely in an attempt to pour cold water on speculation of negative rates in the US:

• Federal Reserve Chair Powell will speak this week - to push back on negative interest rates

The Wall Street Journal had a piece up over the weekend with the same message:

• Federal Reserve officials are unlikely to consider using negative interest rates
• concluding the tool's clear costs outweigh its uncertain benefits
• .The topic resurfaced Thursday after investors in futures markets began betting the Fed's benchmark federal-funds rate would go below zero by year-end, which sent yields on two-year Treasury securities to an all-time low.
• Fed leaders see negative rates as a very last resort-and a remote one, still-worrying they would have harmful effects on financial markets and the banking industry
• there is little political support for the policy in the U.S.

Link to the Journal is here, may be gated.