When the Fed raises interest rates, the interest the U. S. Government has to pay on it’s debt increases.
So not only does it drive down Federal Tax receipts due to a slowing economy, it also drives up government costs/spending.
The Fed wasn’t concerned about growth under Obama, even when growth was occuring, all be it small growth.
Now it’s just gone postal, and it was really curious how it decided to do it the moment Obama was on the way out.
Everyone chipped in to help Obama and he couldn’t do jack S.
Now everyone is trying to screw Trump over, and he’s still carrying the weight.
Imagine if Trump got 10% of the support Obama got.
The bankers are on the list as well.