Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> > >

Explainer: How does negative rate policy work?

Reuters Wednesday, 11 September 2019 ()
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.
0
shares
ShareTweetSavePostSend
 
Credit: Wochit Business - Published < > Embed
News video: Preside Trump Wants Negative Interest Rates

Preside Trump Wants Negative Interest Rates 00:33

The European Central Bank on Thursday cut its interest rate 10 basis points to a record low of -0.5% and will in November kick off a fresh round of stimulus. Trump tweeted his approval, following a series of attacks on the Fed to cut interest rates to zero or below. Most economists agree that it is a...

Recent related videos from verified sources

Fed Needs to Stop in Its Rate-Cutting Tracks Now, Top Economist Says [Video]Fed Needs to Stop in Its Rate-Cutting Tracks Now, Top Economist Says

Rate cuts won't work. Or so says LendingTree's Chief Economist Tendayi Kapfidze. The Federal Reserve is almost 100% certain to cut the federal funds interest rate in an effort to stimulate what some..

Credit: The Street     Duration: 03:10Published


Recent related news from verified sources

Explainer: How does negative interest rates policy work?

The European Central Bank doubled down on its negative rate policy on Thursday, meaning banks will now have to pay 0.5% interest simply for depositing much of...
Reuters India

You Might Like

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.