The idea that monetary policy is affected by political discourse is one which holds some truth, but ultimately the decision with respect to the direction of interest rates lies in the hands of the Federal Reserve in the U.S., and the Bank of Canada north of the border.
Economic expansion is now happening at a much faster pace than in previous years, as companies put profits from corporate tax cuts to work. The labor market remains tight in North America, and borrowing and spending trends remain robust.
On top of all this, key political figures overseeing monetary policy, including Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell have indicated that as the economy strengthens, interest rate increases are needed to keep inflation at bay, a policy stance which indicates interest rate hikes are all but certain in the near to medium term.
Invest wisely, my friends.