The Federal Reserve is Hillary Clinton’s secret weapon

posted by
October 20, 2016
Ludwig von Mises Institute
by Tommy Behnke  
Posted in Commentary

"Say what you want about Donald J. Trump, but he is correct about one thing: the Federal Reserve has, with near certainty, been holding interest rates down for political purposes -- namely, to aid Hillary Clinton in getting elected president of the United States. ... The Federal Open Market Committee's (FOMC) September meeting minutes, released on Wednesday, have proven Mr. Trump's assertion to be true. As the 2016 election season draws to a close, the Fed has suddenly become more bullish on the prospect of raising interest rates -- and this precipitous change-of-heart has come despite there being few notable signs of hope in the US's economic data." (10/20/16)  

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