The Fed raised the rate several times when Trump was in office, and did not give it a second thought, trying to slow the economic outlook. Now they are unsure, seems almost like they are more careful and political about it when a Dim is in office. Naaaah!
There is a huge amount of capitol moving in from overseas, especially China. As these different entities wonder what the economic outlook is going to be, the U.S.A. is the overwhelming safe looking place for warehousing your money.
We in the US might not think so, but everybody everywhere else wants greenbacks.
Finance is definitely not my thing, what with words like
Stimulytpo and Stiumulypto
They probably think escaping China money will come home.
But, that money won’t be coming back.