Trump's complaint that the Federal Reserve was 'going loco' on interest rates is just plain crazy, analysts say - News Summed Up

Trump's complaint that the Federal Reserve was 'going loco' on interest rates is just plain crazy, analysts say


The Fed moves the rate to try to slow or accelerate economic growth. A rising short-term rate is an acknowledgement of economic improvement, which can be a good sign for investors. But an increase also can signal slower growth ahead because it indicates the Fed is trying to tap the brakes on the economy.


Source: Los Angeles Times October 11, 2018 23:46 UTC



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