Saturday, March 26, 2016

US Politics: Reason Why the Fed Didn't Raise Rates? Donald Trump

One recognizes that the political season is heating up with comments like this. From New York Posts' John Crudele 
The upcoming election and, especially, the surprising strength of Donald Trump also make it almost impossible for the Fed to boost rates. If Trump gets elected, the Fed will almost immediately be hit by audits that will reveal lots of secret, sinister things. 

So Fed Chair Janet Yellen and her fellow central bankers can’t do anything — like raise the cost of money — that might slow the economy down and give Trump a better shot at winning the presidency.
Presidential aspirant Donald Trump seeks to have the FED audited. And this is probably why a FED official has recently been under fire for donating to rival Hillary Clinton. Fed employees have placed big bets on Democrats while campaign donation to the Trump: ZERO!


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