President Trump has praised negative interest rates in Europe — could they happen in the US?
September 25, 2019 at 16:05 PM EDT
President Donald Trump is a big fan of low interest rates. In fact, he's called on the Federal Reserve to take rates into negative territory. In theory, banks would pay you to borrow money. But savers would also have to pay a bank to hold their money. Here's a look at what negative rates mean, and why a central bank would want them.