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Trump lowered interest rates to near 0%, what are you talking about exactly?
by thehappypm 5y ago
Trump lowered interest rates to near 0%, what are you talking about exactly?
- JoeAltmaier 5y agoJust wrong. https://www.statista.com/statistics/187616/effective-rate-of-us-federal-funds-monthly/ https://www.statista.com/statistics/187616/effective-rate-of...
- thehappypm 5y ago…
- Izkata 5y agoWhat do you mean wrong? That link confirms what they said.
- JoeAltmaier 5y agoOh, you mean a symbolic lowering at the end of term to get votes? Yes that happened. But rates were not zero at any other time during that term. One can speculate that they would have gone right up again had the election decided differently.
- thehappypm 5y agoTrump was president in 2020 when the pandemic hit and interest rates dropped, are you forgetting that?
- JoeAltmaier 5y ago...just in time for the election