Trump again urges Fed to adopt negative US interest rates

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WASHINGTON: President Donald Trump on Tuesday again pushed the Federal Reserve to adopt negative interest rates, even as several members of the U.S.

central bank have said they do not see a need for rates: now near zero: to move into negative territory. "As long as other countries are receiving the benefits of Negative Rates, the USA should also accept the 'GIFT'.

Big numbers!" he tweeted.

Source: Loan Digest (loandigest.net)

 

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