Will Rates in the U.S. Go Negative?
by Ryan Ermey, Associate Editor, Kiplinger's Personal Finance
Oct 03, 2019
2 minutes
President Trump recently suggested that the Federal Reserve lower short-term interest rates to zero or even go negative. When interest rates are negative, commercial banks pay to keep extra reserves in central banks, such as the Fed or the European Central Bank, instead of earning interest. We asked Ed Yardeni, an economist, market strategist and president of investment research firm , to weigh in about how this affects
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