Fed Care News Today

So much of this was built into what we expected. fed chair powell signaling over the last month, what he was going to do. unanimously, the federal reserve voted to do it, the raise interest rates a half opoint. looking ahead, thats where the key components of this inflation situation are, we do expect more half point increases in the next few months over the next few hikes. hes taken off the table in the press conference the idea of a three-quarter point hike, saying that that might be a little ...

Depression. they pushed for, frankly, more misery and more tangible harm to peoples lives and less spending. they also attacked the fed for doing too much to help the reeling economy. so much so that when then texas governor rick perry ran for president back in 2011, he kind of implied he wanted to beat up the then chairman of the federal reserve ben bernanke because his monetary policy was too loose. do you remember that? >> if this guy print morse money, between now and the election, i dont kn...

Governor rick perry ran for president back in 2011, he kind of implied he wanted to beat up the then chairman of the federal reserve ben bernanke because his monetary policy was too loose. do you remember that? >> if this guy print morse money, between now and the election, i dont know what yall will do to him in iowa, but wed -- we would treat him pretty ugly down in texas. >> what is that? you treat him pretty ugly? rick perry was not alone that same year donald trump attacked the feds monetar...

Story at all. >> in fairness they only have 22 minutes a night and you have a flood of news. a tax bill and new fed care nomination and the mueller investigation. the story is out there but backward looking. this opened up a grenade when theyre trying to unit ahead of the elections donna brazile threw this grenade. some said shes trying to sell books and its not fair because some of it was known. we know hillary clinton had an agreement with the dnc. what is new is donna brazile, the chairwoman ...

It in slow motion. ali velshi joins me now. are they headed in slow motion? >> during the campaign, donald trump was all over the map on what he thought the fed should do. the fed has wanted to slowly increase interest rates because in the case of a recession, and were not expecting one, but when there is one, one of the tools, one of the best tools the fed has is to lower interest rates to encourage borrowing. they have nothing in the arsenal and they want to build it up. they need to do that w...