In Obama's first year of 2008, the Fed cut interest rates 8 times down to the lowest legal interest rate possible (o.5% - essentially zero).
For the rest of his presidency, IT COULD NOT BE LOWERED ANY FURTHER. In addition, there was no recovery worthy of an increase to "make back" the interest rates for the next rainy day, other than one modest rate increase within the last year of his presidency. AFTER the Trump Bump in 2016 market, the Fed felt emboldened to raise rates a second time. Predictably, Obamites wish to take credit for this now, but we all know and saw that it was the market's reaction to an incoming Trump (and more importantly an outgoing Obama) that led to the improvement that allowed the increase.
Trump comes in and BOOM!, the economy kick starts - first with hope, and then with a tax cut delivered. Under Trump, the robust economy allowed the fed to raise rates again 8 times.
Let me say that again.....8 times. Despite a trade war with China, the EU at one point before they capitulated to more fair trade terms, and Mexico and Canada before they capitulated to more fair trade terms.
When aligned with the events that influence the Fed, there is no question about what a success Trump has been as well as what an economic failure Obama was (I don't blame him for the resession, but i do for the lack of recovery over 8 years. And I remember the turnaround that began on the day after trump was elected. The timing is far to clear to be coincidental.
Link: https://www.thebalance.com/fed-funds-rate-history-highs-lows-3306135