It tells you how weak the economy was under bammy that they couldn’t afford to raise rates. Now that Trump’s heading in all,of a sudden were gonna have to have rate increases and at least 300,000 new jobs every month just to keep up with population growth. Watch and see.
No wonder why "flyover country" overwhelmingly voted for Donald Trump, much to the shock of the people in the areas I mentioned.
Maybe they’re trying to tank the economy right as Trump takes over.
The real reason the Fed kept rates at zero is the gigantic federal deficits 0bama has been running annually, and the doubling of the debt under his watch. The Treasury can’t afford to finance the debt unless the money is free.
They are deliberately tossing a fiscal grenade in Trump’s lap as 0bama scoots out the door.
No doubt.