Suddenly, one month after new President enters office, the Fed decides it is time for big interest rate hikes ‘Fed to make sequential hikes until ‘something breaks’: Gundlach says.’ This is another big tool used by the elites to control events.
At its November meeting, the U.S. central bank has voted not to raise interest rates, although many believe a hike in December is likely as the Fed holds ‘steady’ before the election. Yes, the Fed manipulates rates for political ends as we see in this graph: