The endless attacks and negativity towards every policy of the president gets just old. Especially when they're so false. They kept saying that prices were going to skyrocket because of the tariffs.
They haven't, in fact they're coming down.
Now on to interest rates. A we've heard the President and the head of the Federal Reserve are not getting along. So I figured I'd do what I do. Look at the facts, the numbers for the last ten years. I know, boring. But if you want to see the facts, here they are. The first set is the Fed rate. The next set is the inflation rate. They usually follow each other fairly closely, except when you get to Biden's huge inflation during 2021 and 2022. During 2021, inflation was almost 5%, yet the fed rate was still less than one percent. In 2022, inflation doubled to 8% but the rate only went up to just over 4%.
In 2023, the rate and inflation seemed to be about normal, but why is it still so high, much higher than inflation right now? As with the tariff fear, is the Chairman trying to sabotage the president's economy?
Interest rates:
- 2015: .20%
- 2016 .66%
- 2017 1.33%
- 2018 2.40%
- 2019 1.55%
- 2020 .09%
- 2021 .08%
- 2022 4.10%
- 2023 5.33%
- 2024 4.48%
- 2025 4.33% (July 2, 2025)
Inflation rate:
- 2015 .10%
- 2016 1.3%
- 2017 2.1%
- 2018 2.4%
- 2019 1.8%
- 2020 1.2%
- 2021 4.7%
- 2022 8.0%
- 2023 4.1%
- 2024 2.9%
- 2025 2.4% (May, 2025)
