UPDATE 3-Trump reverses course, seeks negative interest rates for U.S. debt
U.S. President Donald Trump
called on the Federal Reserve to push down interest rates into
negative territory, a move reluctantly used by other world
central banks to battle weak economic growth as it punishes
savers and banks’ earnings in the process.
called on the Federal Reserve to push down interest rates into
negative territory, a move reluctantly used by other world
central banks to battle weak economic growth as it punishes
savers and banks’ earnings in the process.
Posted by Reuters
