Trump: Ane Don't Similar What The Fed Is Doing

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Title : Trump: Ane Don't Similar What The Fed Is Doing
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Trump: Ane Don't Similar What The Fed Is Doing


Oh yeah, Trump is existent audio coin guy. How absurd.

President Trump said this afternoon that he does non similar the Federal Reserve's conclusion to perish on to hike involvement rates.

"I intend nosotros don't bring to become equally fast," the president answered to a query nearly the Fed raising rates past times CNBC from the due south lawn of the White House.

"I don't desire to tedious it downwards fifty-fifty a lilliputian bit" when in that place are no signs of inflation, the president added, referring to the economy.

Trump added that he has non spoken to Federal Reserve Chair Jerome Powell nearly the key bank's moves to heighten rates.

Trump is simply non inwards deport upon alongside reality when it comes to toll inflation--or is lying to the public. As tin live on seen inwards the nautical chart below, the CPI bottomed for the electrical current bike inwards Jan 2015 too has been by too large climbing e'er since. It is at 1 time at the 3.0% level, a sum per centum betoken higher upwards the Fed's "target" toll inflation charge per unit of measurement of 2.0%.

I am warning inwards the EPJ Daily Alert that toll inflation could explode upside (first cease 5%) at whatsoever time. If anything the Fed is far behind inwards fighting toll inflation.

Robert Wenzel is Editor & Publisher of
and Target Liberty. 

More nearly Wenzel here. 




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