I'm in the peculiar position of thinking the Fed should not raise rates, but it should not listen to the President, which is a hard position, there's a pretty good case for not raising rates now. But to not raise rates in this meeting would look like they're allowing themselves to be bullied.

Paul Krugman

Paul Robin Krugman is an American economist, Professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs at Princeton University, Centenary Professor at the London School of Economics, Distinguished Scholar at the Luxembourg Income Study Center at the CUNY Graduate Center, and an op-ed columnist for The New York Times.

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