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To: palmer
The Fed raised 6 times since Trump got elected and the FEd said they will continue this pattern till 2020.

The Fed kept rates near zero for all of Obama’s term.

But you say they are not political. I say they are growth is nonexistent why raise so aggressively?

37 posted on 03/22/2018 8:07:32 PM PDT by rurgan (The Federal reserve r leftists raising rates to hurt Trump.Fed kept rates at 0 for all of obama yrs)
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To: rurgan
But you say they are not political. I say they are growth is nonexistent why raise so aggressively?

You are basically admitting rates can't stay at zero but you think growth is "nonexistent" and the economy still needs the crutch. But that's not true. Tax cuts were needed and confidence in the dollar is needed. Without the latter, people are not going to tie up their money in productivity improvements that won't pay off for 10 years. Instead large investors will continue the practices of chasing short term yeilds that don't help grow the economy sustainably.

43 posted on 03/22/2018 8:14:02 PM PDT by palmer (...if we do not have strong families and strong values, then we will be weak and we will not survive)
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