RE:RE:RE:RE:RE:RE:RE:RE:RE:It wouldn't put The Fed tries to keep inflation within their targeted range regardless of the administration in office.
Remember when trump was not pleased with the Fed for raising rates in their attempt to control inflation during his administration.
"Trump accuses the Fed of making a 'big mistake' with its interest rate hikes. President Donald Trump ripped into the Federal Reserve Monday, accusing the central bank of making a “big mistake” with its interest rate hikes while suggesting that current Fed policy was undermining him in negotiations with China." https://www.politico.com/story/2019/06/10/trump-federal-reserve-interest-rate-hikes-1358816#:~:text=Finance%20%26%20Tax-,Trump%20accuses%20the%20Fed%20of%20making%20a%20'big%20mistake,with%20its%20interest%20rate%20hikes&text=President%20Donald%20Trump%20ripped%20into,him%20in%20negotiations%20with%20China. Now if that goal happens to align with their own politcal views and agenda then I am sure they consider it a win win, but they try to keep inflation in their targetd range first and foremost.
GLTY and all
VeritasVern wrote: Take a look at this chart below.What you will see is the US dollar increasing almost in step with oil as it appreciates since early Jan 2021. This is clearly a departure from historical correlations which are mostly negative. This change also happens to coincide perfectly with the begining of and rise of the recent inflationary period for the past 3 years.
Is this just a coincidence for a period of 3 years straight? Likely not - there is only one possible explanation that it is deliberate manipulation mostly in an attempt to contain inflation and by extension to assist the Biden administraton whether that is poltical or not, debatable. Manipulation of free markets, hmm - isn't there laws with stiff penalties, fines and jail time for such actions or are governments and quasi- gov agencies exempt? I can't help but think how they have been telling us for the past 6 years - "no one is above the law" right?
https://en.macromicro.me/charts/185/oil-usd