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Trump constantly pressures the Fed to lower rates
Posted on: March 12, 2020 at 18:09:27 CT
Macgrantt MU
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You can't be unaware of that.
There was substantial thought that the last 50 point decrease was to avoid his criticism. This decrease further panicked the market but so has about every move this administration has made to thwart the financial crisis due to the mass hysteria which the coronavirus has generated
.I don't blame Trump for this anymore than I credited him for the increase. There are so many factors that influence the market that a man arrogantly and pridefully taking credit was absurd and ignorant.
There was substantial thought that the last 50 point decrease was to avoid his criticism. This decrease further panicked the market but so has about every move this administration has made to thwart the financial crisis due to the mass hysteria which the coronavirus has generated
.I don't blame Trump for this anymore than I credited him for the increase. There are so many factors that influence the market that a man arrogantly and pridefully taking credit was absurd and ignorant.
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Trump constantly pressures the Fed to lower rates - Macgrantt MU - 3/12 18:09:27