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Kovacevich: Market will react negatively if Fed doesn't hike rates in December

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'The more [President Trump] tries to influence the Fed by public statements, the less likely he is to influence the Fed because the Fed has to remain and be perceived as being independent,' says former Wells Fargo CEO Richard Kovacevich.

 

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Who gets the money supply first when rates are hiked? Who benefits first and who gets to pay the tab at the end of the chain!?

Obama and many Presidents tried it stop saying its only Trump, ask Greenspan.

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 /  🏆 12. in JP

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