How negative interest rates work

Name: How negative interest rates work
Uploaded: 2019-09-25T20:00:49.000Z
Duration: 7 min 53 s
Description: 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?

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?

07:53

Wed, Sep 25 20194:00 PM EDT

Jordan Smith