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President Trump has ramped up calls for negative interest rates. Here's what they are, and why they matter.

Credit: Business Insider- Published on September 11, 2019
· *As economic growth around the world slwows, central banks are turning to their weapon of choice to fend off the impending slowdown: interest rate cuts. *
· *Interest rates have been historically low over the last decade in the wake of the 2008 financial crisis, which sent a shock through global economies.*
· *Negative...
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Video credit: Reuters - Politics
Published on September 11, 2019 -  01:51
Trump calls for negative interest rates from the Fed
U.S. President Donald Trump attacked the Federal Reserve on Wednesday in a call to push down interest rates into negative territory, a move reluctantly used by other world central banks to battle weak economic growth as it punishes savers and banks’ earnings in the process. Conway G. Gittens reports.

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