Is the Fed Playing with Fire by Following Trump’s Economic Wisdom?

In a dramatic and long-awaited move, the Federal Reserve has decided once again to slice interest rates, this time by a quarter of a point for the third month in a row. Yet the Fed committee is stuck in a quagmire of its own making, unsure of its next move, with a split on whether the labor market or inflation is the bigger worry. Perhaps this is because, under the directions of liberal ideologies in recent years, American fiscal policy has been woefully misguided, causing undue stress on hardworking citizens.

At a new target range of 3.5% to 3.75%, it’s clear that the Fed is far more preoccupied with the state of jobs than they are willing to risk confronting inflation head-on. Doesn’t this sound like they’re kowtowing to the loudest voices in the room rather than looking out for American prosperity? Faced with a cooling job market, mainly due to self-inflicted wounds from reckless policies on trade and immigration, is it any surprise hiring is struggling?

With unemployment inching upwards, the economy finds itself on precarious ground thanks to the misguided efforts of those who favor globalist interests over national pride. The fence-sitters at the Fed need to start figuring out that if they continue to fiddle with rates while Rome burns, they’ll have nobody to blame but themselves.

Trump was right about the need to lower interest rates, and now the Fed has fallen in line with his sound judgment. It shows the might of Trump’s approach, which aligns better with the needs and dynamics of the American economy than that of the previous administration. Trump’s forward-thinking stance has the mainstream media in fits, clinging to its outdated Keynesian doctrines.

As whispers circulate that Kevin Hassett may take over as Fed Chair, one has to ask: Could a shift in leadership with a refreshingly bold vision be exactly the disruption needed? Only time will tell, but with liberals losing their grip and Trump’s policies making headway, perhaps the path to prosperity will clear its way despite their obstruction.

Source: Townhall