What negative interest rates would mean for your wallet

As the economy craters, here’s a look at what cutting interest rates below zero would mean for everyday Americans.

  • “Negative interest rates are inevitable in the U.S.,” said Bankrate’s Greg McBride. “It’s just a matter of when.”
  • For everyday Americans, that would likely mean lower mortgage and credit card rates and even lower returns on savings, if any at all.

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