Biden's Economic policies are a plus

[basballguy]

(08-08-2023, 03:58 PM)treee Wrote: If a single 0.25 percent hike is the difference between a crash and not, then that means it was teetering on the edge anyway. The are events happening all the time that are 'stress testing' the economy. A strong economy is resilient against these types of random circumstances. So my point is if a 0.25 percent interest rate hike is enough to push the needle one way or the other, then that just means one of these other random events that 'stress test' the economy would have caused it the crash anyway. 

It's not a single hike dude.  We've had 10 hikes in 18 months.  Be real.

The Fed will NEVER raise interest rates by say....2 points in one hike...let alone 5, that's not how it works.  

Here's some historical reading material that covers rate hikes (and cuts) through the good times and bad:

https://www.forbes.com/advisor/investing/fed-funds-rate-history/