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>They should have been raising interest rates well before the pandemic. The Fed in fact tried to tighten during the 2015 - 2018 period but in 2018, politics in
by senthil_rajasek 4y ago
>They should have been raising interest rates well before the pandemic.
The Fed in fact tried to tighten during the 2015 - 2018 period but in 2018, politics interferred.
https://en.m.wikipedia.org/wiki/History_of_Federal_Open_Market_Committee_actions https://en.m.wikipedia.org/wiki/History_of_Federal_Open_Mark...
- ianai 4y ago18 is when then president Trump appointed Powell after not re-appointing Yellen. I don’t see that pointed out in your link.