Fool, Powell Is! Trump Rages at Fed Chief's Rate Stance

A Fool He Is?

Trouble brewing I sense. President Trump unhappy he is. Jerome Powell Chairman of the Fed feeling the Force of Trump's displeasure he is. Like talking to a wall it is Trump says. 'Too Late' Powell he calls him. Patience a Jedi must have. But the Force is strong with opinions even for a President hmm?

Jet Fuel Rates Are Not

Jet fuel for the economy lower rates are Trump believes. Like China like the UK many countries they have done it. But Powell stubborn he remains. In love with me he is not Trump says. A crazy reason this is. Clouded the President's judgment may be. Strong emotions the dark side they lead to.

No Inflation There Is Not!

Groceries down eggs down almost no inflation Trump proclaims. Tariff money pouring in he declares. The exact opposite of 'Too Late!' But fear of inflation the Fed has. A delicate balance the economy is. Like walking a tightrope hmm.

Cutting Mode They Are In

Bank of England cutting the European Central Bank also cutting. Most other global central banks too in cutting mode they are. Alone Powell stands. Keep rates the same he will until the economic outlook clears. Risky cutting too soon could be. Haste makes waste even in finance hmm?

Economic Data The Only Consideration

Trump's criticisms Powell brushes aside. Impact they will not have he says. Maximum employment price stability the goals are. Economic data outlook balance of risks only these he will consider. A Jedi's focus this requires. Distractions avoid them we must.

Fire Powell He Will Not!

Fire Powell Trump will not he assures. Replace him later he will. A total stiff he calls Powell. Conflicting messages the President sends. Trouble the markets these comments did. Independence of the Fed crucial it is. Threaten it we must not. A disturbance in the Force I sense. May the Force be with the economy.