Higher rates signal a return to normal after a decade of intervention.
Where's your evidence that these higher rates hurt economic growth?
Where's the evidence that the President's choice for Fed Chair is politically motivated against him?
It took a long time to get to the very low rates. The hikes are too much too fast and are ignoring the state of the economy. Putting a policy of higher rates to “return to normal” on auto pilot is turning out terribly.
No system can tolerate a shock well. It does more harm than good.
Come on what poppy cock. Higher interest rates hurt the housing market, one of the key engines of economic growth. That is just one example. Are you for real? LOL.