Business > U.S.

Trump reverses course, seeks negative interest rates for U.S. debt

5 monthes ago   |   By Reuters

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.
Read more ...

 

Trump says Fed 'boneheads' should cut interest rates to zero 'or less,' US should refinance debt

5 monthes ago   |   By CNBC

President Donald Trump on Wednesday continued his verbal assault on the Federal Reserve, who he blames for slowing the economy.
Read more ...

 

Trump calls Fed officials 'Boneheads' as he demands zero or negative interest rates

Trump calls Fed officials 'Boneheads' as he demands zero or negative interest rates

5 monthes ago   |   By Business Insider

Trump said Wednesday interest rates should be zero or negative and that the US should refinance its more than $22 trillion in debt.
The central bank has increasingly become a target of verbal assaults out of the White House ahead of the 2020 elections.
Policymakers are highly unlikely to cut to the extent Trump wants. The Federal Reserve operates independent from political influence.
Visit the Markets Insider homepage for more stories .
President Donald Trump lambasted the independent Federal Reserve early Wednesday, saying interest rates should be zero or negative and that the US should...
Read more ...

 

Trashing Fed 'Boneheads,' Trump calls for central bank to cut interest rates to 'ZERO'

Trashing Fed 'Boneheads,' Trump calls for central bank to cut interest rates to 'ZERO'

5 monthes ago   |   By Politico

President Donald Trump on Wednesday called on the Federal Reserve to slash U.S. interest rates “down to ZERO,” admonishing chairman Jerome Powell and other leaders of the U.S. central bank as “Boneheads.” “The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to refinance our debt,” Trump tweeted. “INTEREST COST COULD BE BROUGHT WAY DOWN, while at the same time substantially lengthening the term. We have the great currency, power, and balance sheet.” The morning message marked the first time the president has publicly suggested negative interest...
Read more ...

 

Trump urges zero or negative interest rates to tackle U.S. debt

5 monthes ago   |   By Reuters

U.S. President Donald Trump on Wednesday said the Federal Reserve should lower U.S. interest rates to "zero or less" to help "refinance our debt" with lower interest costs and a longer term, and blamed the central bank's chief for missing a "once in a lifetime opportunity."
Read more ...

 

Trump calls for zero, negative interest rates to refinance debt

5 monthes ago   |   By National Post

WASHINGTON - U.S. President Donald Trump on Wednesday said the Federal Reserve should lower U.S. interest rates to "zero or less" to help "refinance our debt" with lower interest costs and a longer term, and blamed the U.S. central bank's chief for missing "A once in a lifetime opportunity."
Read more ...

 


Search by Tags

   U.S.      World      Donald Trump      BusinessNews      Economy      Market      Election      PMN Politics      REU  


National security adviser rejects report of Russian interference to help...

National security adviser rejects report of Russian interference to help Trump get re-elected, but believes Russia would help Bernie Sanders

White House national security adviser Robert O'Brien said it's "no surprise" that Russian operatives are likely working to elect Vermont Sen. and Democratic frontrunner Bernie... Read more ...

Here are the biggest takeaways from Warren Buffett's annual letter

Here are the biggest takeaways from Warren Buffett's annual letter

Warren Buffett , the chairman and CEO of Berkshire Hathaway, released his annual letter to shareholders on Saturday alongside the company's fourth quarter 2019 earnings... Read more ...

Dangerous debris found inside fuel tanks of around 35 new Boeing 737 MAX jets

Dangerous debris found inside fuel tanks of around 35 new Boeing 737 MAX jets

Potentially fatal problems were found in the fuel tanks of dozens of recently produced Boeing 737 MAX airliners, a model which remains grounded worldwide following two deadly... Read more ...

A major ally's decision to scrap an important military deal with the US...

A major ally's decision to scrap an important military deal with the US raises the stakes in competition with China

Philippine plans to exit the Visiting Forces Agreement signed with the US in the 1990s won't go into effect until August, but the move is already raising concerns about... Read more ...

Want to get more from your data? Stop focusing on efficiency

Want to get more from your data? Stop focusing on efficiency

Focusing on efficiency made sense in the industrial economy. But for a modern business it's counterproductive. Read more ...

A lifetime of learning from Whizlabs is just $60 right now

A lifetime of learning from Whizlabs is just $60 right now

If you have any hopes of climbing the corporate ladder, you need to continuously beef up your skillset. And even if you're happy where you are professionally, acquiring new... Read more ...

16 houses built in seemingly impossible locations

16 houses built in seemingly impossible locations

From remote private islands to hilltops that seem impossible to access, homes can be found in extreme locations around the globe. A monastery on a Bhutan rock face houses... Read more ...

The military's 'war for talent' is affecting what the Navy's future ships...

The military's 'war for talent' is affecting what the Navy's future ships will look like

Recruiting has emerged as one of the main challenges for the US military service branches in recent years. Each branch is taking steps to attract and retain the personnel it... Read more ...

OTR: Long-term impact of corruption charges against veteran state rep

OTR: Long-term impact of corruption charges against veteran state rep

State Rep. David Nangle is accused of stealing money from campaign coffers and falsifying loan applications to pay for his gambling debts. Read more ...

AI is not just another technology project

AI is not just another technology project

AI isn't just another tech system you roll out and train users on; it will force you to redefine how your business works. Read more ...