To: DoodleDawg
That's like saying isn't the Chief Justice of the Supreme Court the most important voice. On the FOMC the Fed Chair, like the Chief Justice, is first among equals. He has one vote. The other members don't march in lock step.
OIC but raising interest rates now is the right thing to do from what I'm hearing from Maria Bartiromo & other guys on FOX Business, the economy is going gangbusters
70 posted on
02/06/2018 6:01:41 AM PST by
KavMan
To: KavMan
They're idiots or liars.
Inflation is very low .Last quarter gdp is under 3% . That's not going gangbusters.
The unemployment which they manipulated under obama is really much higher.
72 posted on
02/06/2018 6:05:29 AM PST by
Democrat_media
(Mueller doing coup vs Trump. Obama was adding 97,000 pages of government regulations /year)
To: KavMan
OIC but raising interest rates now is the right thing to do from what I'm hearing from Maria Bartiromo & other guys on FOX Business, the economy is going gangbusters Which is what the Fed is doing. Their goal is to keep the economy from overheating and keep inflation under control. Rising interest rates are a sign of a healthy economy. The Fed will lower interest rates during economic downturns.
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