Headline Details

Explainer: How does negative rate policy work?

Published on: Wed, 11 Sep 2019 13:29:54 UTC
News Agency: Reuters
U.S. President Donald Trump has suggested that the U.S. Federal Reserve drive interest rates into negative territory. He says his motivation was to refinance the U.S. government's $22 trillion in outstanding debt and lengthen the amount of time over which it is repaid.

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