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Cramer to Fed chief: 'Repudiate' your 2019 rate outlook or stocks will 'go down more'

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'He's got to repudiate his 2019 forecast. He must repudiate it or this market will go down even more.' Fed Chair Powell needs to recognize the economy is not strong enough for lots of rate hikes next year, MadMoneyOnCNBC's Jim Cramer says.

 

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MadMoneyOnCNBC Jim, I think that is the Fed’s plan. Hurt the economy for the 2020 Presidential election.

MadMoneyOnCNBC Powell is under the spell of Bernankeism. You pick your magic number. Run it up there. Then see if you have created a disaster and adjust.

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