This was one of the few idiotic things about Trump's presidency, and I lay it all at the feet of Trump advisor (and failed Federal Reserve nominee) Stephen Moore -- who was making an outlandish push for cutting interest rates in 2018-19 when interest rates were already at historic lows and the U.S. unemployment rate was effectively at 0%.
But Powell did ratchet rates up in the opposite direction to try to ruin Trump.
Can somebody translate that into intelligible English?