Below is an extract of a post published on Guardian titled "Why the Federal Reserve is unbowed by Donald Trump"
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Make america great again.- Donald Trump.
What counts is not necessarily the size of the dog in the fight. It's the size of the fight in the dog.- Dwight D. Eisenhower.
The best executive is the one who has sense enough to pick good men to do what wants done, and self-restraint to keep from meddling with them while they do it.- Theodore Roosevelt.
Discipline is the soul of an army. It makes small numbers formidable; procures success to the weak and esteem to all.- George Washington.
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Via: Guardian
The Fed went ahead with the interest rate rise and seems relaxed about the US economy For the past couple of months Donald Trump has been waging war against his own central bank. The Federal Reserve thinks strong growth and the lowest unemployment since the days when the US was putting men on the moon warrants a gradual increase in interest rates. Trump has been telling the Fed to stop before it craters the economy. In the end, the Fed on Wednesday did what it was always going to do: it went ahead with the planned rate rise. Related: Stock market volatile after Federal Reserve raises interest rates – business live Continue reading…
