I thought the low rates were hurting savers? Now raising is hurting consumers. No matter what happens it seems like constant complaining.
The stock market rolls as does its stocks - held by the rich and manipulated, so not an indicator. Unemployment is not a measure of employment, so not an indicator. Wages are stagnant - an indicator. So FR Chairman - you are full of caca.
First the economy is not foing that well....Ivory towers breeds blindness...seconf a steak averages 10 bucks thats whst somebody makes in an hour...get it?
Right. Raise rates on a stagnant wage economy. Makes sense.
Everyone is focusing on Trump vs Mueller and Rosenstein. Yet the Fed are the guys who will likely be Trump’s downfall and he has appointed a goodly chunk of the voting members.
Yes, the economy is strong because of layoffs - effectively increasing the corporate bottom line. Unemployment is low because benefits have run out. Yet, wages remain stagnant or have even dipped because of the increased minimum.
Last year's tax cuts injected a stimulus into an economy that really didn't need it. Higher interest rates don't come as a huge surprise.
Is Trump gonna complain now?