Fed Raises Interest Rates Right Before Major Election

in culture •  6 years ago 


The United States Federal Reserve chose last month to raise interest rates from 2 percent to 2.25 percent, making it more expensive for banks to borrow money. In most recent days, President Donald Trump has criticized the central bank’s actions as “a mistake” for putting an undue burden upon the economy and negatively impacting the economic growth of his administration, especially right before a hotly-contested round of midterm elections. Despite the tensions, the Fed has stated in a recent meeting they have no plans to alter their rate hike, and Trump has does not plan to fire the chairman despite his criticisms.

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Market will Crash tomorrow... down 2,000 points I’d say

Posted using Partiko iOS

It may be simpler than that, This looks like a deliberate act to undermine Trump just before the mid term election! These are not politically isolated people, they also have a bias that must be considered.

They should be ashamed of themselves!

>:(