Filed Under:  U.S. & World

US Republican presidential candidates accuse Fed of playing politics

Contributed by on November 11, 2015 at 6:37 am

Republican presidential candidate Mike Huckabee received scrutiny Tuesday night for telling a joke about his wife in response to a question at the Fox Business GOP debate. “But they have kept those rates artificially low for one reason and one reason only – because they are trying to politically support Obama and his agenda and it’s been wrong”.



In his remarks, Christie echoed a criticism of the central bank voiced in the previous debate by his primary opponent, the businessman Donald Trump.

“Can you be a conservative and be for liberal military spending?” Christie said the low rates have contributed to the nation’s growing income inequality by benefiting investors at the expense of the middle class.

“Janet Yellen is a wonderful person”, Carson said. “My wife is down here in the front, and I’m sure, if you’d like to talk to her later, she can give you more than you’ll ever be able to take care of”, Huckabee said of his wife, who ran for Arkansas secretary of state in 2002. “They’re putting money aside and seeing nothing in the savings accounts”, former U.S. Senator Rick Santorum of Pennsylvania said. The moderators backed Paul up.

Evans and other Fed officials believe that credibility is key to monetary policy effectiveness, and that if the public does not believe the Fed wants to hit its goals, it will be that much harder to reach them.

Currently, the Fed targets maximum employment and annual inflation at 2 percent, based on a broad price index.

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