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Former Dallas Fed President: Fed will focus on real economy, not markets'They will adjust, they will be flexible, they will be patient,' Fmr. Dallas Fed President Richard Fisher said he doesn't understand why the market is so nervous about Fed policy decisions. 'This is standard Federal Reserve rhetoric.' Trying to wreck Trump's Economic Rally How is it possible that Powell and the fed board talk so much while saying so little. They should just release an emoji once a year. 👍👎 It was the 233% increase in rates in 21 months with promises of more that was problematic! 🙄
Source: CNBC - 🏆 12. / 72 Read more »
Trump assails Fed as the 'only problem our economy has'President Donald Trump lashed out at the Federal Reserve on Monday after administration officials spent the weekend trying to assure the public and financial markets that Jerome Powell's job as Fed chairman was safe. 'The only problem our economy has is the Fed,' the president tweeted Monday. 'They don't have a feel for the Market, they don't understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders. The Fed is like a powerful golfer who can't score because he has no touch — he can't putt!' 25th...period. Thanks realDonaldTrump 100% Trump's fault.
Source: AP - 🏆 728. / 51 Read more »