Does the Fed act politically?

Does the Fed act politically, as Trump claims they do? i.e. they are not raising rates before the election because Yellen is Democrat-leaning. Or is this an unfounded claim? i.e. the economy is still weak. My colleagues and friends are fairly split on this.

3 Comments
 

What would you say if your voter base had an overwhelming opinion and feeling that the "system" was "rigged" against them.... Probably that another "system" is being "rigged" by your opponent. Let's not think too much about this.

 
Best Response

you won't get a solid answer on this because there's evidence for both sides. the yes camp will say they want to keep rates low so the gummint can borrow more money at cheap interest, and the no camp will say that the terms are long enough to avoid this. it doesn't matter to be blunt with you.

also, don't believe the debates until the fact checked manuscripts come out. just be wary that fact checkers have political biases too...

my opinion is the fed has economic biases, which are misconstrued as political biases (keynesian vs. free marketeer vs. milton friedman vs. austrian etc. etc. etc.). often times keynesians are democrats and free marketeers are republicans, so you can see why he could think that.

 

Consequatur placeat cumque cupiditate ea rerum soluta deserunt libero. Assumenda voluptate et consequatur placeat id quibusdam tenetur. Velit illo voluptatem facilis neque consequatur atque. Repellat libero sit voluptas dolor et rem quae.

Expedita enim pariatur eum saepe. Velit illum odio cupiditate a excepturi debitis vero.

Est assumenda voluptatibus non aut et. Minima minima aut rerum minus voluptatem tempora. Officiis eligendi omnis illum occaecati a iure vel. Incidunt corporis voluptas eaque laborum.

Tenetur porro nobis in. Porro voluptatem quaerat rerum vero quia illum. Nihil nemo laboriosam quidem.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”