Explainer: How does negative rate policy work?

U.S. President Donald Trump has suggested that the U.S. Federal Reserve drive interest rates into negative territory. He says his motivation was to refinance the U.S. government's $22 trillion in outstanding debt and lengthen the amount of time over which it is repaid. [nL2N26208B]

Read more: http://feeds.reuters.com/~r/reuters/topN...

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