FED TO COUNTER BOOMING US ECONOMY – REPORT

Forward Bob Barney:   It was the FED, not under prime lending that caused the economic collapse of 2008-9, along with the rising price of oil, caused by the Bush war! What we are seeing is the DEEP STATE FED trying to stop this economy and Trump's re-election!  END THE FED before it is too late!

IMAGE CREDITS: STEFAN FUSSAN / FLICKR.

With the Federal Reserve widely expected to raise interest rates on Wednesday, financial markets are focused on whether signs of an acceleration in U.S. economic growth will prompt the central bank to ramp up the pace of monetary policy tightening.

This week’s two-day policy meeting could mark the formal end of the “accommodative” level of rates the Fed has used to support the American economy since the onset of the 2007-2009 recession.

The Fed’s current policy statement has included that description of loose policy as a staple element in recent years, though officials recently have described it as out of date and likely to be removed, either this week or in the near future.

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Did the housing crash cause the Great Recession? No, it was the Fed