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Showing posts with label Negative interest. Show all posts
Showing posts with label Negative interest. Show all posts

5/13/20

U.S. Fed chair rules out negative interest rates even as Trump trumpets them


The head of the Federal Reserve said Wednesday the U.S. central bank is not considering using negative interest rates, despite President Donald Trump seemingly pushing for them.

In a tweet Tuesday night, the president said other countries are enjoying the advantages of negative interest rates, and he urged his own central bank to accept the "gift" they would bestow on the U.S. economy.


U.S. Fed chair rules out negative interest rates even as Trump trumpets them | CBC News