benjy: As MSNBC Benjy Sarlin noted, Trump said the exact opposite in September, arguing that the Fed is part of some kind of conspiracy to help Democrats, according to MSNBC. He added at the time that low interest rates had created a false economy, adding that a hike is inevitable at some point. Right now I am for low interest rates, and I think we keep them low, the then-candidate argued in May. Trump explicitly accused Janet Yellen, the current Fed chair, of keeping rates artificially low to boost President Obama. In theory, then, Trump should be delighted that the false economy and artificially low rates are headed in a new direction. I think she should be ashamed of herself, Trump said as part of his bizarre rant.
(news.financializer.com). As
reported in the news.
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