Wednesday, December 23, 2015

Bernie Sanders: Fed's decision to raise interest rates is a disaster

Count Senator Bernie Sanders, I-Vt, among those who think the Federal Open Market Committee’s recent decision to raise the federal funds rate for the first time since June 2006 was a bad decision. In fact, in a scathing editorial published by the New York Times, Sanders lambastes the Federal Reserve, its decision-making, its policies, and its sheer existence.

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