The continuing trade war with China is leading both economies into uncharted and potentially dangerous waters. Image: AP/Getty/Composite: Brad HowardIt must be annoying for Federal Reserve Chairman Jerome Powell when President Trump berates him on Twitter—especially when Mr. Trump insists he take policy steps he’s already taken.
This seemed to happen last week when the president tweeted that the Fed must “stop their ridiculous quantitative tightening NOW!” Huh? At the Federal Open Market Committee’s meeting two weeks ago, Mr. Powell and his colleagues announced the immediate halt of the shrinking of its asset portfolio, two months earlier than expected. It has now stabilized at about $3.6 trillion.
opinion DonLuskin No one should listen to Don Luskin on anything.
opinion DonLuskin Whit immediate 'Halt of Shrinking FED asset portfolio', using a quantitative tightening of M Supply. Is FED intention to neutralize the Economics growth effect of cutting rates?
opinion DonLuskin Perhaps they should NEVER have taken them out of the market. Its not the governments task to bail out powerful entities when they make mistakes and foist this liability on the public.
opinion DonLuskin More Murdoch lies & propaganda from a rag of a paper
opinion DonLuskin The Federal Reserve system needs to be overhauled... it is out of control just like the FBI and DOJ... the Feds are run by out of touch bureaucrats that are less than worthless only trying to promote their own agenda.
opinion DonLuskin Cause they don’t know what to do and just trying throwing darts 🎯 and seeing what works?
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