Trump says he is not pining for negative interest rates in U.S.

Trump says he is not pining for negative interest rates in U.S.
  • Clock-gray 05:30
  • calendar-gray 31 August 2019

U.S. President Donald Trump, who has decried the relative loftiness of U.S. interest rates compared to rates in nations that compete with the United States in global markets, said on Friday he did not want to see negative rates in the United States, APA reports quoting Reuters.

Trump, who has repeatedly noted that rates are negative in Germany - Europe’s trading powerhouse - made the comment in response to a question from reporters as he departed the White House for the presidential retreat of Camp David in Maryland.

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