negativerates (1)

“The federal reserve should get our interest rates down to zero or less” trump tweeted. Federal bank has cut interest rates for third time in a row now. But still president Trump insists Fed to go zero or negative interest rates. He mentioned in his tweed that we should pay less interest than our others.

With negative interest rates, people should pay interest to keep their savings safely in banks. It was introduced by Danish bank followed by eurozone, Switzerland, Japan and Sweden to help their

Read more…