Low Fed Funds Rate Saved Obama’s Economy On Life Support so Federal Reserve Could Do Opposite to Trump


The Federal Reserve Bank kept the fed funds interest rate at near zero throughout Obama’s presidency, so that the stock market would keep going up-and-up during his time in office, but since Trump became president, the interest rate has steadily crept up, ostensibly to cool down the hot economy by Trump, yet couldn’t overly elevated interest rates be used as a weapon against the Trump presidency just as the ridiculously low rates under Obama benefitted him?