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Thursday, March 16, 2017

The Fed Raises Rates - Yellen Marches to her own beat

WaPo reveals that the Fed will be raising interest rates and that is bound to make the Trump Administration unhappy. The economy needs a stable hand even if Trump wants to spur growth to Gilded Age levels. Of course, he and his banker friends have the resources to withstand a major depression. I wonder what the tweet storm will look like. Here is a link to the NYT story on the higher interest rates.

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