|
| He gave into Trump pre covid. If you look at the fed minutes in 17 and 18 the plan was to normalize rates. Trump whined and he stopped the normalization after a few increases and the economy started to slow. This led to the rates being too low that a drop would stimulate the economy. In came the cash squeeze on the banks the fall of 2019. This started quantitative easing which was scheduled to run til the end of quarter 2 2020. | |
|
Interest only loans
