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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.
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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...

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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..

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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...
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