When President Trump proclaimed that “The Fed has gone crazy,” the elites were stunned. When President Trump exclaimed, The Fed “is making a big mistake with ridiculous rate-hikes,” the establishment was dumbfounded. And when President claimed that The Fed was his “biggest threat, because rates were rising too fast,” the deep state lashed out with 25th Amendment headlines and “Democracy and independence under threat” byelines.
So isn’t it just a little ironic that The Wall Street Journal – that bastion of free market capitalism and oracle of financial opinion should admit in its Editorial Board’s latest opinion that Trump is right and The Fed needs to slow down on the rate-hikes.
https://www.zerohedge.com/news/2018-11-16/wsj-agrees-trump-fed-should-stop-hiking