Agreed - the Fed should have held their course and raised
Posted on: March 9, 2020 at 09:47:20 CT
tigerdb MU
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or at least maintained rates. If we were truly in an economic recovery, and with a soaring stock market, interest rates were appropriate - and at that point, lowering rates would be a tool to mitigate negative economic factors.
Certainly this was a fact that the president was not wise enough to realize.