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Peony43 : the-fed   9

The Federal Reserve took Donald Trump’s advice on interest rates. Now he’s not happy. - The Washington Post
Trump’s attacks on the Fed picked up as markets declined in 2018, but the Fed’s rate hikes also coincided with mixed results from four Trump economic policies in 2018: deficit-fueled tax cuts and spending increases, multinational trade wars, and reduced immigration, which analysts predict will lead to a labor shortage in the near future. Wall Street analysts say these policies and Trump’s unpredictability have contributed to the market downturn and could lead to a recession ahead of the 2020 elections.

But even with historically low interest rates, Trump has called the Fed his “biggest threat,” which could be true for Trump personally: Each of the seven rate hikes since he took office could be costing the Trump Organization millions from interest payments on variable-rate loans it holds.
trump-economy  The-Fed  stock-market 
december 2018 by Peony43

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