Post #39723 by Dope1 on the US Policy board

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Actually, inflation was coming down under Biden and the Fed was considering rate cuts.

And then declined to lower rates last month.

https://www.forbes.com/sites/jasonschenker/2025/01...

The Federal Reserve left interest rates unchanged on January 29, and an interest rate cut is unlikely when the Fed issues its next policy decision on March 19. Elevated levels of consumer inflation combined with a solid labor market imply that the Fed does not need to urgently cut interest rates.

As far as this:

Sorry. You broke it, you own it.

No.

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