Date: July 19th, 2018 1:29 PM
Author: bat-shit-crazy rusted elastic band
LMAO. We're truly fucked now boys!
https://www.wsj.com/articles/donald-trump-says-not-happy-about-federal-reserve-interest-rate-increases-1532020248?mod=hp_lead_pos1
Breaking News...
President Donald Trump said Thursday he hoped the Federal Reserve would stop raising interest rates, delivering an unusual censure of the central bank.
“I am not happy about it,” Mr. Trump said about interest-rate increases during an interview conducted Thursday by CNBC.
His comments depart from a convention in which the president has refrained from commenting specifically on monetary policy.
The Fed has raised interest rates twice this year, in March and June, to a range between 1.75% and 2%. Officials at the June meeting of the policy-setting Federal Open Market Committee also penciled in two more rate increases for the year. The Fed’s chairman, Jerome Powell, was tapped by Mr. Trump last November to succeed Janet Yellen, and he took his post in February.
(More to Come)
(http://www.autoadmit.com/thread.php?thread_id=4030233&forum_id=2#36459482)