Fed Raises Rates Despite Trump Attacks, Stocks Tank

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Despite enormous pressure from President Trump, the U.S. Federal Reserve announced Wednesday it is increasing interest rates by a quarter point. The decision stands to affect rates on all kinds of borrowing, from home mortgages to credit cards.

 

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“Despite unprecedented pressure” or “the independent Federal Reserve” would improve this.

Most difficult thing in this world ! To speak truth. To write truth.

We need to get rid of the federal reserve and go back to the gold standard. This private central bank is literally doing nothing to help improve this country

The feds are crooked deep state criminals kick them to the curb!

Wow, a tweet is now 'enormous pressure'. What a spin.

He’s mostly upset because he doesn’t have any power over the decisions, he’s a wannabe dictator

Thank goodness this body has the courage that the Senate lacks to stand up against realDonaldTrump. Bravo, principled men and women!

Does the federalreserve have the people and our economy in mind or are they out to hurt realDonaldTrump? Millions will find themselves in serious financial trouble due to the continues rate increases. Something is amiss? TuckerCarlson

What passes for bold defiance differs in many cultures.

Rates need to go up but it is this rapid escalation that makes no sense!! That idiot doesn't look at any indicators, like housing starts, loan applications for cars and necessities, or home equity loans!!

The Fed wants to destroy Trump at the expense of you and me we do not count anymore

WHY DON'T WE MAKE THINGS EASIER..let's roll everything backwards. Guess what?.. MOSTLY EVERYONE would end up being RICH in some respect. HOW NICE THAT WOULD BE..Wishful thinking. 🛑STOP increasing EVERYTHING to Now TAKE AWAY the So-Called Extra $ people NOW RECEIVE in their PAY!

Good. Never bow to a bully especially when the country may be in. a serious TrumpRecession next year.

We’re no longer afflicted with Obama. So the fed is serving as a stand-in.

Perfect and well done by Fed and Powell.

I don’t think the Fed Chairman or any of the governors could care less about Trump. I wouldn’t in their positions.

It’s the Fed raising interest that is adversely impacting the economy and stock market. There’s no need to be raising the rates at this time

Crybaby is going to be very cranky tomorrow morning. Tweets coming!

'enormous pressure' = mean tweet?

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