How does negative rate policy work?

How does negative rate policy work?

US President Donald Trump has suggested that the US Federal Reserve drive interest rates into negative territory. He says his motivation was to refinance the US government's $22 trillion in outstanding debt and lengthen the amount of time over which it is repaid. Negative rate policy is something Fed officials have downplayed as appropriate in the US because of the risks it entails and the likely political opposition.

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