The FED is trying to bring in a recession right before the midterms.
The Fed is trying to prevent a recession. Trump's guy is the Fed Chair now. Are you saying he's out to hurt the administration?
Totally agree. As good as things are its going to take years to repair consumer balance sheets. In general they are up to their eyeballs in consumer debt, particularly mortgage debt. Their ability to survive month to month could really be hit with mortgage hikes.