Do you expect people will automatically know what you are talking about if you aren't replying to anyone or referencing sauce for your request?
Fed raises interest rates, defying Trump
The Federal Reserve on Wednesday raised interest rates for the fourth time this year, defying President Trump who has protested the bank's policies.
The Fed’s policy-making arm, the Federal Open Market Committee (FOMC), voted Wednesday to raise the baseline interest rate range from 2.25 to 2.5 percent, a 0.25 percentage point increase.
The central bank had been telegraphing a December rate hike for several months, and Wednesday’s move had been widely expected by Fed watchers.
But the move comes in the face of intensifying attacks from Trump on the bank and its chairman, Jerome Powell, for raising rates amid new questions about the American economy.
Trump has urged the independent central bank to keep cheap money flowing into the strong economy. The president begged the Fed Tuesday to consider a steep stock sell-off on Wall Street and to halt their rate hikes.
“Feel the market, don’t just go by meaningless numbers,” Trump said in a tweet. “Good luck!”
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https://thehill.com/policy/finance/economy/422105-fed-raises-rates-despite-trump-attacks