Is it today or tomorrow the fed announces another rate hike?
Trump needs to use reverse psychology. He should tweet that he hopes the feds raise interest rates.
I heard some commentator say that if the Fed doesn’t raise rates they will have nothing to use (lowering rate) if the economy turns south. Sounds like BS to me.
There is still price inflation and no wage inflation while energy prices are low. That imo is a healthy growth economy, nothing else. If they raise rates than it shows they’re only interested in banking profits not the responsibilities of their charter.
Of course the fed is in on the #nevertrump. Their job is to destroy the gains and if necessary the economy.
Now is a good time to educate people on the dangers of the Fed. They can decide to tank our economy and presidents, congressmen, judges, citizens don’t get to say anything about it, just have to take it. Nobody elected them, they aren’t answerable to anyone, and they have an agenda. Yet we act like they are some impartial titans from Mount Olympus who we accept wisdom from regardless of the impacts on society.
Is this the same Fed that kept interest rates RIDICULOUSLY low for years during the Bush (Republican) administration? Low rates that finally crashed the housing crash in 2007-2008? Do you think they’ve learned their lesson?
I doubt it.
Actually, both Trump AND the Fed are right, but it’s just a matter of timing. We are still coming off a 35 low in interest rates and with our economy doing as fantastic as it is the short term rates should be a little higher.
That said, thanks to the troubles in France, Italy, England and China the global appetite for high quality long bonds has brought down US long term rates. The Fed is pushing a noodle to try to change things at this point, so the correct thing to do RIGHT NOW is a “wait and see” (IMHO).
Fed raises rates by 1/4 percent. Not a big deal. Market tanks. Great buying opportunities. Manipulation anyone (not by the Fed)?
Not quite. He thinks these are mistakes. Or perhaps he does recognize they are deliberate actions and is just saying nice doggie while looking for a skull crushing rock?
Here’s validation for your thread the other day—from the President no less!
These are not like past traditional rate increases of a half percent or a full percent....these are 1/4 percent increases. Not the big deal it’s being made out to be IMO.
It is not a mistake on their part. It is pro-globalist and anti-nationalist.
The Fed and UN are two serpents America embraces to its lasting detriment.