Federal Reserve united against Trump’s demand for negative interest rates

Nov 22, 2019 |

President Donald Trump has extolled negative interest rates on Twitter and in speeches, making clear he wants the Federal Reserve to slash its benchmark rate below zero, a policy it has never used before. Fed policymakers are unanimous in their distaste for the idea, judging from the minutes released on Wednesday for the Fed’s October […more]

Posted in: San Francisco

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