President's pressure on Fed won't change its path: Portfolio manager

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'For the president to actually put pressure on the chairman of the Fed that is, I think, not necessary and inappropriate actually,' Manulife's Megan Greene said. She added that she doesn't believe Fed Chair Jay Powell cares what Trump thinks of Fed policy.

 

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But Trump was right about the rate increases. CEO's and now other FED presidents are agreeing; more rate hikes are killing the economy which shows no sign of inflation. Getting to 'neutral' is a big mistake by Powell. Can't use the past as a proxy for today.

The Fed should not care what Trump says as criticism, but the Fed MUST factor in what Trump is doing to harm economy i.e. Trade War, Shutdown, traders are in wait-and-see mode, this could harm an otherwise strong economy, 🙉🙈🙊

I'm old enough to remember GWB and Bernanke standing shoulder to shoulder at NYSE premarket twice in 2007 to enact 'emergency monetary policy' with DOW futs down 1000...oh and then the fake ~ 13000 DOW points printed by BHO for $6TT in ZIRP, QE, POMO, etc

Economist Intelligence Unit? Run by Bernanke?

And we don’t care what she thinks

Waiting too long to unwind that you have to raise rates 4 times in a year is unacceptable. Pres. Trump is right to call them out.

1913 was a bad year for USA.

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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! 🙄
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