> Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cutPrevious | First | 1 | Last | Next
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LetsPutHimOutOfOurMiseryFederal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut
https://www.msn.com/en-us/money/economy … &ei=16
"The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly-high inflation
"The quarter-point increase lifts the Fed’s key rate to about 3.9% and, over time, could result in higher borrowing costs for mortgages, auto loans, and credit cards. In a set of quarterly projections, the Fed also signaled that its rate-setting committee expects to hike rates a second time later this year to 4.1%.
Meanwhile... at the WH
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Re: Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut
HOW DARE REALITY NOT BEND TO MY DEMANDS!!! I HEREBY DECLARE REALITY TO BE A DEMOCRAT HOAX AND DEMAND THAT MAGA REALITY BE THE ONLY REALITY ANY HUMAN ANYWHERE IS ALLOWED TO ACCEPT!!!!
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Re: Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut
KETCHUP ALL OVER THE WALLS IN THE OVAL OFFICE! THAT'LL TEACH THEM!!!
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Re: Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut
Trump wants the rate down for his own personal borrowing leverage, I assume.
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Re: Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut
Baggers? crickets.gif
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Re: Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut
wrote:
Trump wants the rate down for his own personal borrowing leverage, I assume.
Could be. Pretty much every politician in power wants to lower rates shortly before an election. This is the reason the FED is a quasi-independent organization.
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Re: Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut
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Re: Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut
Trump is angy because he lost his attempt to fuq yup elections in the Supreme Court and now they won’t even lower interest rates for him. His appointees won’t obey, so now he’s out covering Air Force One in ketchup.
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