The Federal Reserve held interest rates steady Wednesday, as inflation remained stubbornly above the Fed's 2% target. Investors now think it could be September or later before rates start to fall.
Biden’s in a tough position. It’s a very good thing the president can’t control the Federal Reserve. I would have dropped the rate if I were him.
Remember how Trump was badgering the Fed to lower rates in 2019 (before the pandemic) because of his disastrous tax handout to the rich and trade war with China? I wish more people did.
Remember how Trump was badgering the Fed to lower rates in 2019 (before the pandemic) because of his disastrous tax handout to the rich and trade war with China? I wish more people did.