No one is under the assumption that the Federal Reserve will raise interest rates anytime soon. Here’s the thing – if the central bank makes even one more mistake, Trump is going to devour them; expose them out in the open.
In the coming year, you will begin to notice how the mainstream media is changing its mind regarding the U.S. economy and the trajectory of the stock market.
Talk about a complete change of tune: in October the Fed said we’re a “long way from normal” in terms of rates, suggesting that they were preparing to raise interest rates. But then, after the stock market dropped 20%, there was talk of zero rate hikes or even rate cuts this year. So who’s really in control here: the Fed, or the stock market?
In their latest statement, right before FED chairman Jerome Powell is set to talk before congress, the bank is now looking to adjust the way it measures inflation.
It’s mind-blowing to consider how much control the U.S. Federal Reserve has over the nation’s economy and markets. It makes you wonder if the Fed really knows what they’re doing, or if they’re really serving the best interest of the people…