Politic > U.S.

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

7 days 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

7 days 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

7 days 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'

8 days 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

8 days 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

8 days 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  


Trudeau campaign rocked by 'brownface' report

Trudeau campaign rocked by 'brownface' report

Prime Minister Justin Trudeau painted his face, hands and arms brown for a party at a school where he taught 20 years ago, TIME magazine reported Wednesday, evoking the same... Read more ...

Trump says Fed Chair Powell's job is 'safe'

Trump says Fed Chair Powell's job is 'safe'

President Donald Trump on Wednesday acknowledged Federal Reserve Chairman Jerome Powell's job is “safe" even as he continued to batter his handpicked chief of the U.S. central... Read more ...

Trump Names New National Security Adviser

Trump Names New National Security Adviser

President Trump has named hostage negotiator Robert O'Brien to be his new national security adviser, reports the AP. Trump tweeted Wednesday that he has "worked long & hard... Read more ...

Trump visits border to tout wall construction

Trump visits border to tout wall construction

President Donald Trump on Wednesday showed off a swath of his wall along the U.S.-Mexico border, boasting about its impenetrability for the cameras to the point that he was... Read more ...

Once A 'Rocket Ship,' National Security Council Now Avoided By Government Pros

Once A 'Rocket Ship,' National Security Council Now Avoided By Government Pros

Career foreign policy professionals tell NPR they increasingly fear that joining the NSC, which is part of the White House, will taint them as political operatives. (Image... Read more ...

'Bond King' Jeff Gundlach says the Fed may start expanding its balance sheet...

'Bond King' Jeff Gundlach says the Fed may start expanding its balance sheet after injecting $128 billion into markets

Jeffrey Gundlach said that the Federal Reserve may look to expand its balance sheet after a spike in overnight purchase agreements that prompted the Fed to put $128 billion... Read more ...

New York State Extends Statute Of Limitations For Rape Survivors

New York State Extends Statute Of Limitations For Rape Survivors

Gov. Andrew Cuomo signed a bill into law on Wednesday extending the statute of limitations for survivors of second- and third-degree rape. Read more ...

Netanyahu's future in doubt after Israeli elections

Netanyahu's future in doubt after Israeli elections

JERUSALEM - After a decade of mesmerizing world leaders, subduing his rivals and eking out dramatic election victories, Prime Minister Benjamin Netanyahu's political future is... Read more ...

Omar urges Twitter to take down Trump's false tweet

Omar urges Twitter to take down Trump's false tweet

Rep. Ilhan Omar today called on Twitter to take action against President Donald Trump's account and remove a tweet in which he shared a false claim that Omar had “partied” on... Read more ...

GOP State Senator Arrested For Child Sexual Abuse, Child Porn

GOP State Senator Arrested For Child Sexual Abuse, Child Porn

Pennsylvania state Sen. Mike Folmer admitted "he had received child pornography through his Tumblr blog.” Read more ...