The Federal Reserve has raised interest rates nine times since 2015, so a claim circulating on social media that there were no increases during the Obama administration is wrong.
Person: Barack Obama
Meme Confuses Lincoln’s Bible With A Quran
Several Administrations Used Tear Gas at the Border
Our 15th Anniversary
Obama’s Misleading Oil Boast
Presidents — regardless of party — tend to take credit for good things that happen under their watch, regardless of how much influence their actions may have had. Exhibit A: Former President Barack Obama said the fact that the United States is now the world’s biggest oil producer didn’t happen “suddenly.” Instead, “that was me, people.”