More proof of the trump recession

[Cynic]

Inform yourself.

Fed Funds Rate History: Its Highs, Lows, and Charts

[AmusedObserver]

@WildRose

Show me the predictions in 2017 stating the fed would raise rates in the 2nd or 3rd quarter of 2018

The fed overreacted there was no inflation but the slowed the economy anyway.

https://www.nytimes.com/2017/12/10/business/federal-reserve-interest-rates.html

[Jezcoe]

@WildRose

The historic lows were established during the Obama administration.

It’s almost like some cataclysmic economic meltdown happened previous to the dates on this chart or something.

[moonshine]

the fed has 3 goals. maximum sustainable employment, stable prices, and moderate long-term interest rates

right now it seems like they are doing a pretty good job…

[Roxiebelle]

And they don’t care if they have control of a diminished country, they are not patriots they are globalists who are okay if they make America mediocre on the global stage.

[WildRose]

The Federal Reserve responded aggressively to the most recent financial crisis and the Great Recession of 2007-2009 by cutting the target for its benchmark short-term interest rate, known as the federal funds rate, to a range just above zero in December 2008, where it stayed until the end of 2015.

https://www.bloomberg.com/opinion/articles/2018-04-19/fed-will-accept-a-recession-before-it-allows-high-inflation

At the same time our bonds got so worthless they had to drop to negative rates and even at that the FR ended up having to buy them because the market would not.

[acsirip]

@Roxiebelle

who are okay if they make America mediocre on the global stage

It is exactly that what Trump is doing, is it not? The US leadership has become the laughing stock of the world.

[WildRose]

I’m sure you think so, anything to prevent 3+% growth.

[Jezcoe]

@AmusedObserver

@WildRose

Show me the predictions in 2017 stating the fed would raise rates in the 2nd or 3rd quarter of 2018

The fed overreacted there was no inflation but the slowed the economy anyway.

https://www.nytimes.com/2017/12/10/business/federal-reserve-interest-rates.html

Interest rates go up around the same time global QE starts to unwind… imagine that.

[NebraskaFootball]

@AmusedObserver

@WildRose

Show me the predictions in 2017 stating the fed would raise rates in the 2nd or 3rd quarter of 2018

The fed overreacted there was no inflation but the slowed the economy anyway.

https://www.nytimes.com/2017/12/10/business/federal-reserve-interest-rates.html

It’s not going to matter. It is why I’m not bothering to waste my time. We all know the truth, and we all know who can and who cannot admit to errors.

[WildRose]

Thanks for demonstrating that you cannot.

[moonshine]

@WildRose

The Federal Reserve responded aggressively to the most recent financial crisis and the Great Recession of 2007-2009 by cutting the target for its benchmark short-term interest rate, known as the federal funds rate, to a range just above zero in December 2008, where it stayed until the end of 2015.

Bloomberg - Are you a robot?

At the same time our bonds got so worthless they had to drop to negative rates and even at that the FR ended up having to buy them because the market would not.

actually negative interest rates are not a symbol of a worthless bond. they are a symbol of bond demand being to high that prices go up to a point the interest rate turns negative…

[AmusedObserver]

@WildRose

At the same time our bonds got so worthless they had to drop to negative rates and even at that the FR ended up having to buy them because the market would not.

When did this happen? Link, please.

[WildRose]

Nobody would buy them so the fed had to.

[adroit]

@WildRose

I’m sure you think so, anything to prevent 3+% growth.

Trump’s trade war is doing that more than anything…

[WildRose]

We know that isn’t true since UE is at all time lows and wages are growing and inflation is still essentially flat.

[AmusedObserver]

@moonshine

actually negative interest rates are not a symbol of a worthless bond. they are a symbol of bond demand being to high that prices go up to a point the interest rate turns negative…

That seems to follow the basic laws of supply and demand. Odd that anyone would think that it’s the other way around. Maybe they think that bonds are a luxury good, where higher prices stimulate demand?

[adroit]

@WildRose

We know that isn’t true since UE is at all time lows and wages are growing and inflation is still essentially flat.

Real median earnings are growing slower than the last 10 quarters of the previous admin.

[moonshine]

@WildRose

Nobody would buy them so the fed had to.

not even remotely true

please show me a bond auction where that happened

[AmusedObserver]

@WildRose

Thanks for demonstrating that you cannot.

It would help if you quoted the post to which you are replying.