Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: entropy12

In practice the Fed is not independent and Trump can use the Treasury to counter the FOMC’s actions.

Trump already fired a warning shot across their bow a month or two ago.


33 posted on 10/10/2018 2:09:31 PM PDT by Moonman62 (Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
[ Post Reply | Private Reply | To 27 | View Replies ]


To: Moonman62

And the Fed ignored that warning shot, and went merrily ahead with another hike, and promised 4 more before end of 2019. Even after that interest rates will still be below the average of last 60 years.

Interest rates are lagging indicators of economic performance.


35 posted on 10/10/2018 2:14:06 PM PDT by entropy12 (One million LEGAL immigrants/year is too many, without vetting for skills, Wealth or English skills.)
[ Post Reply | Private Reply | To 33 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson