First published by Money Metals here:
https://www.moneymetals.com/news/2018/12/20/trump-defying-fed-enters-danger-zone-001680
The Fed blinked – but didn’t flinch away from another rate hike. On Wednesday, Federal Open Market Committee (FOMC) policymakers rejected President Donald Trump’s call for a pause. They raised their benchmark rate by a quarter point to a range up to 2.5%.
