Trump Org faces extra $1M in borrowing costs from higher interest rates The Federal Reserve irked President Donald Trump by raising interest rates for the fourth time in 2018 — and the increase could saddle the Trump Organization with an extra $1 million in borrowing costs, Bloomberg reported. An analysis by the outlet found that the company’s cumulative costs from interest rate hikes has been $6 million since Trump entered the White House in January 2017. […]
source https://therealdeal.com/2018/12/28/national-cheat-sheet-fed-interest-rate-hike-raises-trump-orgs-borrowing-costs-us-housing-market-slowdown-expected-to-continue-more/
No comments:
Post a Comment