Politic > 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.
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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.
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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...
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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...
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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."
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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."
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