Trump Doubles Down on Call for Negative Interest Rates
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President Donald Trump reiterated his call for the Federal Reserve to lower interest rates to less than zero in a tweet on Sunday.
“We should always be paying less interest than others!” Trump tweeted, referring to the negative rates that have become commonplace in Europe and Asia. About $14.3 trillion of global debt yields at sub-zero rates, according to Bloomberg indexes. That’s down from a high of $17 trillion in late August.