re: When do interest rates rise

quote:

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Whatever it is, rates are gonna be low for a long long time, so we better get used to it.

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While I do agree with this statement, I wonder how a change in leadership could make a difference. I would think that most people agree that rates raising would be the best thing overall for the economy in the long term, even though there may be some suffering through it.

In a hypothetical world, if Trump is elected, would he put pressure on his nominee at the Fed to raise rates, take the hit for the possible short term suffering, all to gain some momentum in the economy in the long run? Obama has put pressure on the Fed to do the exact opposite in order to keep this sluggish economy from getting any worse.