, Trump said low rates were creating a bubble and that “Janet Yellen should have raised the rates.”
That could not be more different from her longstanding contention that the Fed should strive for no inflation — rather than its current 2 percent target — a position that would call for higher rates in the face of inflation hovering a bit below 2 percent.against low rates that have made “suckers” out of savers over the past decade.
By signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time. Kudlow added that his advocacy for rate cuts now amounts to a call for the Fed to acknowledge that it went too far in its hikes, not that the entire policy of trying to return to a more normal rate environment was wrong.
Progressives who have long advocated for the Fed to hold off on rate hikes and allow the economy to run hotter and draw more people back into the labor force — often called “doves” — are skeptical of all these rationales for conservatives flipping their views on monetary policy.
How much more does Trump have to pay when the Interest Rate goes up a .25 % A Million , Ten Million...FUK AMERICA -TRUMP FIRST
The president needs to stay out of manipulating the economy any further. We can only assume the manipulation is for his benefit. ImpeachDonaldTrumpNOW
And he'll find them, too. The only economic model Republicans follow is the 'sabotage Democratic presidents.' Beyond that, it only matters if the rich get richer in the short term.
Well. If he can't find flip flops theres always sandals, crocs or trainers.
Suffice to say, and as usual, Republicans have no idea what they're doing. Hey Trump: NO ONE RAISES RATES IN A STRONG ECONOMY. That's how you crash the economy.