The fed says no interest rates hikes until after the election, is this political to help Obama?

Jimbo2011-08-09T16:08:12Z

This is a trick question, right? The fed just "arbitrarily" picked a date in 2013 to hold the interest rates at zero. Ok, now that I'm through laughing, I can honestly say that Bernanke has been in Obama's pocket for over two years now. Nothing has changed with him.

?2011-08-09T17:10:19Z

Sounds like he has the fed in his pocket, don't know if it will be enough. We'll have to see how the stock market reacts, so far its been positive.

BadWolf632011-08-09T15:40:04Z

Dunno if it will help Obama, i'd prefer if the FED would say Why it did secretly loan 16 Trillions dollars to various companies
http://www.businessinsider.com/feds-16-trillion-dollar-secret-slush-fund-props-up-our-way-of-life-2011-7

Sock Monkey2011-08-09T15:37:38Z

Bernake is an idiot and then you have Greenspan saying " print more money ".

These guys are IDIOTS !!

Anonymous2011-08-09T15:37:16Z

If only he were that clever where it really counts.