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BumRushDaShow

(166,704 posts)
2. First Yellen and then Powell raised rates I think, 7-8 times during 45's first administration
Thu Jan 29, 2026, 07:24 AM
5 hrs ago

before the "whining" finally kicked in and the fed held rates steady for a bit. But then not long after when COVID hit, they came crashing back down to near 0 (~0.25%). Those downward "crashes" corresponded to recessions (either ongoing or about to kick off).

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