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Wednesday, 11/04/2015 2:32:46 AM

Wednesday, November 04, 2015 2:32:46 AM

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Trump!
Asked whether the Fed should raise rates, Trump, a billionaire real-estate developer who has spent much of the past few months as the favorite among Republican voters, said it should but would not for "political reasons."
"They are not raising them because Obama has asked them not to raise them," Trump said, echoing similar comments he made in interviews last month. "He wants to get out of office, because we're in a bubble, and when those rates are raised, a lot of bad things are going to happen."
He added, "Janet Yellen is highly political and she's not raising rates for a very specific reason: because Obama told her not to because he wants to be out playing golf in a year from now and he wants to be doing other things and he doesn't want to see a big bubble burst during his administration." Obama is due to leave office in January 2017.
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