Wednesday, September 21, 2016

THE SAME PLAYBOOK BY DEMOCRATS IN THE POLITICAL GAME OF CHICKEN WITH THE ECONOMY - AS THE POTUS BHO STAGNATE ECONOMY MUST BE PRESERVED FROM COLLAPSE UNTIL AFTER THE ELECTION WHEN THE FED BY YELLEN WILL PULL THE DRAIN PLUG CALLED THE INTEREST RATE GAME THAT HAS PROPPED UP THE POTUS BHO CHAOS ECONOMY FOR 8 YEARS WITH MINIMAL GROWTH - AND THE ONLY THING PREVENTING THE GREAT DRAIN FLUSH HAS BEEN THE FED ZERO INTEREST

Scratch one big economic worry off the list for Hillary Clinton.
Federal Reserve policymakers on Wednesday kept their key interest rate steady, avoiding a potential stock market disruption and putting the central bank on the sidelines until after Election Day.
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Fed Chair Janet Yellen also strongly rejected claims lobbed at her by GOP presidential nominee Donald Trump that she is keeping rates artificially low to boost stock prices and aid Democrats.
“I can say emphatically that partisan politics plays no role in our decisions about the appropriate stance of monetary policy,” Yellen said at a news conference after the Fed announced its decision. “We do not discuss politics at our meetings and we do not take politics into account in our decisions.”
Nonetheless, the Fed’s actions can have significant political consequences.
The Federal Open Market Committee’s decision means voters are not likely to see big stock-price declines or a slowing economy before the Nov. 8 election. Clinton is counting on slowly improving views of the economy to hold off a late surge from Trump, who has made dissatisfaction with the sluggish pace of growth a centerpiece of his populist campaign. Stocks rose following the Fed’s announcement.


Read more: http://www.politico.com/story/2016/09/hillary-clinton-janet-yellen-federal-reserve-228491

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