What Trump’s call for 0% interest rates would mean for your wallet

What Trump’s call for 0% interest rates would mean for your wallet

Donald Trump and Jerome Powell
Getty Images

Cutting interest rates to zero would throw savers under the bus.

Greg McBride
Bankrate.com

Since the recession, rising rates have paved the way for pay raises and a better return on savings, despite the impact on borrowing costs.
And still, interest rates are historically low, which leaves the central bank with little wiggle room in the event of a…

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