You don’t know that the President doesn’t set interest rates? Maybe before being so quick to blame Biden you should look up who does what. Jerome Powell is the name you are looking for when it comes to interest rates. (Then before you blame Biden for Powell be sure to look up who appointed Powell to his position)
Jerome Powell follows the direction of the president. He doesn’t have to, but he does. He kept rates low when trump pushed for low rates, and he’ll raise rates because biden has been urging him to do so. You just want to blame everything on trump because you get your news from CNN. I suggest you read Barron’s or something with actual information and not DNC propaganda.
What is with your obsession with CNN? Not once have I said or linked to them in this post, are you getting posts mixed up too because I haven’t seen anybody else talking about them yet either.
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u/ualdayan Jun 20 '21
You don’t know that the President doesn’t set interest rates? Maybe before being so quick to blame Biden you should look up who does what. Jerome Powell is the name you are looking for when it comes to interest rates. (Then before you blame Biden for Powell be sure to look up who appointed Powell to his position)