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.
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
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.
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