Did you know the Fed Chairman has raised the fed funds 7 times in two years? Yes, since President Trump was elected, Chairman Powell has raised the rate 6 more times than it was raised in the 8 years of Obama! Something smells political…ya think?
President Trump called this his “biggest threat”…We believe it’s true!
“Two things again that move markets sentiment and fundamentals. The sentiment I think the Fed ruined it. I think Powell crushed this market on October 3rd. Powell crushed this market. Look at October 3rd and look what’s happened since then.”
Charles Payne is spot-on about Jerome Powell who was selected as the Fed Chairman by Trump but has curiously raised rates seven times crushing the booming economy that Trump has created.
OUR PREVIOUS REPORT ON THE FED CHAIRMAN:
Rush Limbaugh discussed this last week and is spot on in his assessment of what’s happening to harm our president and the GOP in the midterm elections:
“I need to tell you. There are people wondering if this is the October surprise, because, you know, early voting is happening now. As the stock market goes down, the media loves to talk about, ‘The Trump economy may have topped out, and we may be headed back to our Obama reality,’ or some such thing. So there are suspicions this is all being manufactured — in other words, leftists willing to take a financial hit in order to try to hurt Trump…Don’t know about that, but we’ll see.”
PRESIDENT TRUMP KNOWS IT:
“My biggest threat is the Fed. Because the Fed is raising rates too fast and it’s independent so I don’t speak to them but I’m not happy with what he’s doing because it’s going too fast because you looked at the last inflation numbers they are very low”
JUST COMPARE THE TIMES RATES WERE RAISED WITH OBAMA AND THEN WITH TRUMP:
NOTE: The Feds have raised interest rates 7 times in Trump’s first two years!
Is this political? It’s hard to judge but it would appear that some monkey business is going on at the Federal Reserve. The fact that they failed to take action for almost 7 years under Obama tells us so much. They’re acting now when they could have done so during the Obama administration…Hummm
CHARLES PAYNE OF FOX BUSINESS RECENTLY TWEETED CONFIRMING THAT JOURNALISTS AND FINANCIAL EXPERTS WANT THE ECONOMY TO SOUR:
We have to agree with Charles Payne’s assessment and conclude something political is going on with the Feds. Rush could be right…will the financial experts risk losses because they want Trump and Republicans to suffer losses in the midterms? We think it’s a good question to ask.