The American economy has been saved since Donald Trump was elected. So good that the FED did something recently they never do. Recently our national interest rate was raised. Before you freak out, this is actually a good thing. Read on.
The Fed needs around a 2% interest rate to operate according to plan. However during Obama’s administration, it was forced to operate in an abysmal economy and the Fed artificially lowered the interest rate to make our markets appear to be more favorable for outside investors. Bottom line is, under Obama, our economy was in the toilet.
Now that Trump is behind the wheel, the economy is rapidly rebounding and becoming more confident. The Fed is raising the interest rate for the second time in 10 years. This is good news for the United States.
Granted the raise is only from 0%-0.25% under Obama to 0.75% under Trump, but this is a sign of things to come. (H/T – Daily Mail)
President Elect Trump is already showing signs of great leadership despite him not even being in office yet. Our current trade deals are being analyzed and restructured to benefit the United States, securing new jobs and new opportunities.
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