Well they’ve been putting off a rate hike for just such a moment haven’t they? They’ve been waiting to use it to torpedo a republican administration all along. This is completely predictable.
These Obamaites are vile scum that couldn’t care less for the welfare of the American people.
A rate hike was due long ago. The hard truth is Fannie and Freddie loans are not much better then they were under the CRA. I was looking at an article from 2009 where Michelle Obama says she cannot find hers or Barry’s birth certificate. Barry says he is to busy trying to fix the country from the 8 trillion mess that Bush created. And look at the damn debt now.
The pros and cons of Fed moves are not in my area of expertise.
But being a keen observer of human behavior, I am not surprised that liberals will do everything they can to sabotage Trump, conservatives, and America in general.
On the plus side, I have also observed that the liberals, in their hateful frenzy for vengeance, often fail to consider all the consequences of their actions. It would not surprise me at all if the end result works out well for us. (That doesn’t mean there wouldn’t be some near term pain.)
I’m confident that President Trump and his team can work with any situation and create a positive result.