Nothing. The Fed has the same policy of low interest rates that Trump gushed over just four months ago.
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Donald TrumpDonald TrumpClinton’s pneumonia also plagued campaign staff Trump: Yellen doing Obama’s bidding Trump: I don’t want moderator for debate MORE accused Federal Reserve Chairwoman Janet Yellen Monday of doing President Obama’s bidding by keeping interest rates low. Economists and commentators were quick to dismiss his… He noted that low interest-rate policies are not exclusive to the United States and that they have been adopted in reaction to the late-2000s economic crisis among several advanced economies.
Loss Off Your Belly Fats, Upper Arm Fat and Body FatsIn 2weeks Time. “I know that’s not supposed to be the way it is but that’s why it’s low”, Trump said.
In policy deliberations at the USA central bank, “politics does not play a part, I can assure you of that”, Kashkari said in an interview on CNBC. “I have no doubt that that’s the reason that they are being kept down”, he said.
“These insane, low interest rates, they’re not always going to be this way. because of market [conditions]”, he said. “And he doesn’t care what’s going to happen after January”.
With the Federal Reserve powerless to do much more than it already is, the best route to faster US economic growth is through non-monetary policy approaches such as immigration and tax reform, a top Fed official argued on Monday. “I believe it’s a false market because money is essentially free”, he said.
“I don’t happen to share that view, but I don’t think this is political”, he told CNBC’s “Squawk on the Street” on Monday. But knocking Obama for the national debt going to Dollars 19.5 trillion under his watch, Trump said the debt needs to be reduced because higher rates would make interest payments exorbitant.
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“The ones that did it right, they saved their money…now they’re getting practically zero interest”, he said.
