There is nothing in America that represents the interest of globalism more than the Fed, which as many forget is actually a private bank. They want their money and they have carte blanche power to do so. This is the real danger of the Fed - they make money with inflation and they have enormous power. They bent over backwards to support their worldview in the last administration by minimizing the suck caused by the policies of the left with pumping. Without the Fed, the policies of the last administration would not have been possible without a bloodbath politically, but an aggressive Fed and free money financed it all to the tune of 8 trillion plus in money our children now owe and will pay back.
I have no issues if they raise the rate to fight inflation, but Trump appears to be right - they are taking an action to counter something that is not there and by doing so they appear to be clearly taking a side politically. Just my .02
That was my first thought: It must be political. The rate was near 0 for both O terms. Of course, if Hillary had won and they raised the rate, she would probably complain. But would they raise the rate with H in charge?