[xzins]

I’m POd that these guys covered for Obama by their low interest and spending policies propping up the market.

At the same time, it is crazy to keep up that policy and create a fake market.

My guess is that the President approves of their getting back to reality.

[entropy12]

Agreed, the FED re-elected Obama by keeping interest rates lower than a midget.

[KC_Conspirator]

They do need to get back to reality. It is what is best for the country after 8 years of fakery and chicanery.

[bert]

Obama set them up out of revenge for the damaged goods during the final bush days.

I don’t especially worry because in anticipation of the economic growth from less regulation and the tax cuts, the market has risen.

The economic growth will outpace the interest rate rise. The inflation will in effect reduce the real value of the debt there by absorbing the amount of interest due on new debt.

[Pelham]

We have had extremely low interest rates ever since Greenspan decided it was the proper response to 9-11. That’s about 7 years longer than just Obama.

[DoodleDawg]

I’m POd that these guys covered for Obama by their low interest and spending policies propping up the market.

Increasing interest rates are a sign of a rapidly expanding economy. If the Fed didn't do it during Obama's term it's because growth was more anemic than it has been under Trump.