• Astroturfed@lemmy.world
    link
    fedilink
    arrow-up
    3
    ·
    edit-2
    1 year ago

    If you think the president isn’t heavily leaning on the fed and having a strong say in how interest rates go I’ve got a bridge to sell you.

    Early in trump presidency when they should of been drastically cranking up interest rates. They stayed pretty fucking stable because the big orange turd threw a fit about them being raised. Biden could easily exert influence. The fed is way less indepent than it should be.

    • Zoboomafoo@lemmy.world
      link
      fedilink
      arrow-up
      3
      ·
      1 year ago

      After 4 years of the fed making poor decisions at Trump’s direction, I’m totally fine with Biden being hands off and letting the experts turn the dials