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   POLITICS      Political Discussions      39,875 messages   

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   Message 39,617 of 39,875   
   Joseph Pereira to All   
   US interest rates remain unchanged   
   29 Jan 26 06:21:17   
   
   TZUTC: -0600   
   MSGID: 37889.fido_politics@1:124/5016 2de11abe   
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   The Fed decided yesterday to keep interest rates unchanged. It wasn't a huge   
   surprise, but the move does indicate that, according to bankers, the economy   
   isn't strong enough to simply lower interest rates.   
      
   Is this a deliberate countermeasure by the Fed to thwart Trump? I don't think   
   so. I think the Fed, with the knowledge it has, is now very cautious. That   
   does have to do with Trump. Trump's haphazard policies have made bankers   
   nervous. Instability, international economic unrest, and a decline in   
   confidence in the US are not what bankers are looking for.   
      
   Meanwhile, the Fed is already printing money.   
      
   The most striking thing is that the dollar is now at 1.20 against the euro.   
   The weakening of the dollar will certainly be a red flag for the Fed and a   
   cause for great concern. The falling dollar indicates that the world is losing   
   confidence in the currency. The currency... and the country.   
      
      
    .   
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