I’ve been a believer that they knew it would be suicide if they raised the rates so for YEARS I’v laughed at speculation that they would raise the rates.
Then I heard this morning that a decision was forthcoming. I thought about the Trump election and the stock market,and how it’s still nuts to raise rates. And I said, I’ll bet they raise the rates. They don’t want a Trump recovery.
Sure enough.
This raise has been expected since the summer time when they didn’t raise rates then.