USA Federal Reserve raises rates prior to #MidTerms2026 Election - Why?
The @FederalReserve in its #CommieNomics MANAGED #ECONOMY idiocy raised the Interest Rate yesterday (Wed. Sep. 16th 2026).
STUPIDLY SO, why?
The main force why #INFLATION has not yet come down under 2% YET (“there [stated] concern” after (and has been holding steady, not going UP, at just a little above their 2% “target” (and despite having lowered the Rate by half a point prior to the 2024 Election (to assist POTUS Biden in his re-election bid) and Inflation Rate way higher during)) years of #BiDumb #STAGflation, practically TRIPLE the current reduced Inflation rate) is mainly the OIL/Diesel (and trickle effects, all temporary due to conflict with Iran (and yet some would rather we wait til Millions dead under Nuclear Mushroom Clouds to act)).
SO, Trump is CORRECT, the Rate should have been DROPPED by Quarter % NOT RAISED. There are NO GENERAL UPWARD INFLATION PRESSURES as even the idiot speaking for #TheFed ADMITTED the #Economic indicators ARE ALL GOING IN POSITIVE DIRECTIONS (so, moron, why did you IGNORE all the indicators? That seems clear, the Board had a Political rather than Economic agenda predetermined prior to the #MidTerms2026 Elections)!!!
NOW was NOT the time to DRIVE UP RATES of folks already having Housing Cost issues and Car Buying borrowing issues and even #CreditCard rates.
Americans needed MORE RELIEF, NOT MORE BURDENS.
#DumbAsses Pure Leftist Politicing prior to #MidTerms2026
This RATE HIKE will NOT help lower inflation, raising the cost of borrowing at this point will mean Businesses having to pay higher costs on borrowing will RAISE PRICES MORE to cover their increased cost due to this Fed action!!!! This move will have OPPOSITE EFFECT of the what and why they are claiming to do so.
The POVERTY RATE is at RECORD LOW (AND STILL DROPPING as US Economy BOOMS (and also includes Middle Class gains)) since ever it began being measured and recorded/reported in USA. OBVIOUSLY, do HIGHER CREDIT RATES hurt the lower on the Economic scale or those higher on the Economic scale more??? OBVIOUS ANSWER. So WHY IS THE FED TRYING TO HURT POOR PEOPLE?!?!?!
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