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To: palmer

U.S. GDP was 2.3% for 2017 . The Fed should not raise interest rates with a GDP and inflation this low. Anyone can see that raising rates 6 times with an economy this weak will cause a recession.

https://www.kiplinger.com/article/business/T019-C000-S010-gdp-growth-rate-and-forecast.html


53 posted on 03/22/2018 8:35:49 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
Anyone can see that raising rates 6 times with an economy this weak will cause a recession.

Anyone is wrong. The reason GDP has been the lowest ever (for a recovery) is low rates.

55 posted on 03/22/2018 8:37:29 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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