Sep. 17 at 3:15 PM
$BAC The FED refused to hike rates on Biden until mid-2022 and CPI had already passed 8% while repeating the Biden admin's "transitory" term which obviously was not true.
The FED cut rates 3X for the Biden admin at the 2024 elections including a jumbo 50 basis points in SEP to juice the economy and markets for Harris. Notably, core CPI was 2.4% EXACTLY where it is today.
The FED just hiked rates before the midterms on Trump at the exact same core CPI of 2.4% (decreased in each of the last few months from 2.9% a few months ago, so strong downward trend) as the jumbo cut for Harris. The evidence is 100% conclusive that the FED is an arm of the Democrat party and will act against the interest of the American people in spite of economic data to help Democrats particularly at election time when it was once considered taboo to change policy. Also, members of the FOMC donate over 80% to the Democrat party with their political contributions.
Should the Trump admin dissolve the Democrat run FED?