What Would Negative Interest Rates Mean For Consumers And The Economy?

By marin katusa / November 01, 2019 / www.youtube.com / Article Link


President Donald Trump is a big fan of low interest rates. In fact, he's called on the U.S. Federal Reserve to take rates into negative territory, just like Germany or Japan. In theory, the banks would pay you to borrow money. But savers would also have to pay a bank to keep their money there. So why would President Trump or a central bank want negative rates? >> Subscribe to CNBC: https://cnb.cx/SubscribeCNBC >> Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision >> Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassicAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Connect with CNBC News OnlineGet the latest news: https://www.cnbc.com/Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC News on Twitter: https://cnb.cx/FollowCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBC#CNBCWhat Would Negative Interest Rates Mean For Consumers And The Economy?

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