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Trump urges zero or negative interest rates to tackle U.S. debt

“WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday said the Federal Reserve should lower U.S. interest rates to “zero or less” to help “refinance our debt” with lower interest costs and a longer term, and blamed the central bank’s chief for missing a “once in a lifetime opportunity.”” writes Midwest Communications Inc for 95kqds.com. The Republican president has repeatedly called for lower interest rates and blasted Powell and the Fed for not quickly and drastically cutting them, which he sees as necessary to boost U.S. economic growth as he eyes reelection next year.
 
Source: 95kqds.com



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