FED Agrees With POTUS Trump’s Advice And Cuts Interest Rates

Most economists now believe the perplexing aggression earlier showed by the Fed’s recent rates hikes tapped the brakes on what was (and largely remains) a remarkably productive Trump economy that was benefitting nearly every economic sector in America. The president was quick to condemn the multiple rate hikes, and now, despite the far-left media whining that the Fed should not be influenced by President Trump’s opinion, the Federal Reserve has just cut interest rates by a quarter-point.

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Via Breitbart:

The Federal Reserve on Wednesday cut its benchmark interest rate for the first time since 2008, moving in a direction urged by President Donald Trump for over a year.
Fed officials voted eight to two Wednesday on the cut, which will bring the federal funds rate to a range between 2.0% and 2.25%, a quarter of a percentage point below the range set in December 2018. The Fed also said it would cease its balance sheet reduction immediately, two months earlier than it had signaled earlier.

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Democrats fear the rate cut will bolster an already resilient Trump economy heading into the 2020 election cycle. It seems they would rather see a recession, and tens of millions of Americans suffering as a result, in order to defeat President Trump next year.


 

Is The Fed Attempting To Damage The Trump Economy? A Market Expert Says YES…

Charles Payne is a highly successful and respected market expert whose life remains an example of self-made hard work whether it was during his time serving in the military, his years at E.F. Hutton, or running his own financial analyst business since 1991. 

When it comes to market manipulations the man knows his stuff and right now he’s calling out the Federal Reserve for politicizing its current monetary policy trend that he thinks is intended to put a damper on the remarkable Trump economy.

WTF? Fed gave money to Obama at 0% interest rate. With Trump they are charging and increasing the interest rates ridiculously. Is this the new political warfare zone?

The Fed is on pace to raise interest rates for the fourth time this year. That is in stark contrast to the Obama years when interest rates were set artificially at zero which allowed a shadow economy that primarily benefitted the very rich to thrive while Main Street continued to suffer. In less than two years the Trump administration has reversed that emphasis back to the Middle Class and the results have been astonishingly good but now more and more are questioning whether the Federal Reserve is trying hard to put some brakes on President Trump’s economic success. Some interest rate hikes, especially after so many years of a zero rate, are in order, but four rate hikes in one year? That is unusual and, according to experts like Charles Payne, quite possibly politically motivated to turn the economy into a negative for President Trump heading into the 2018 Midterms and the 2020 re-election cycle.