RE:RE:RE:RE:Fed To Raise Interest RateJust to educate Optfool. Biden or any US presidents have nothing to do with the Feds decisions however Trump tried to interfere. Same goes for the prime minister and the Bank of Canada. Higher rates are necessary to control inflation and are still historically low. Higher rates are good for people on fixed income and for those like you that bomb in the stock market and maybe should try GICs