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US interest rates raised for first time in three years

121 points · 126 comments · higginsniggins

  1. TrackerFF · · focus · HN ↗
    Incoming unhinged POTUS rants and demands in 3…2…1…

    But you know what, I’m glad to see that the fed is still operating independently. The doomer in me thought they’d fold to Trump, especially right before the midterms.

    1. vintermann · · focus · HN ↗
      He didn't, oddly enough. He said he "disagreed with it" but had confidence in the central bank. Basically that he had no problem with it. This suggests to me he thinks he'll benefit from it somehow.
      1. vel0city · · focus · HN ↗
        Don't lie.

        Interest Rates in the United States should be 1%, or less, because we are the Best Credit in the World — BY FAR. Our Country is BOOMING with new Investment! If we stopped Trading with every country that we have a Deficit with, which is most of them, we would make, at least, 1.5 Trillion Dollars a year. The word “Deficit” is nothing more than a fancy word for LOSS. We are “carrying” almost every country in the World, and that cannot go on any longer. LOWER THE INTEREST RATES FOR THE UNITED STATES OF AMERICA, AND FAST! President DONALD J. TRUMP

        <a href="https:&#x2F;&#x2F;truthsocial.com&#x2F;@realDonaldTrump&#x2F;posts&#x2F;117282643318690567" rel="nofollow">https:&#x2F;&#x2F;truthsocial.com&#x2F;@realDonaldTrump&#x2F;posts&#x2F;1172826433186...

        He is demanding 1% rates and to cut off all foreign trade because that&#x27;ll somehow make $1.5T.

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