It’s a political move to hurt President Trump right before the election.
We have the shutdown of our economy, and now Powell wants to allow prices on everything to rise?
What's more damaging to Trump, inflation at 3% rather than 2% or an unemployment rate of 10.3%? The Fed is trying to help tackle unemployment and it may be at the cost of slightly higher inflation rates.
Since live cats purr, if we make purring sounds above a dead cat, it will surely come back to life.
Yes, payback time for the bloody little tick.