At yesterday’s event POTUS predicts GDP growth in the 4’s with some saying as high 5.3%. Fake news trying to spin any FED decisions by POTUS as political. The FED is not independent and never has been except in name only. The FED has been manipulated to keep stepping up interest rates as a way to crush the Trump booming economy. Not only is the FED increasing rates with no real sign of inflation but remember the FED only truly committed to reducing their balance sheet (ie, QE) post 2016 election. Inflation is a good thing in moderation. Inflation reduces the burden of past debt obligations so long as wages keep up. Just don’t buy the BS that the FED is truly “independent”.
Econanon