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The Fed did NOTHING! What I am doing will be announced shortly.

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Trump tweets: ‘Who is our bigger enemy,’ Fed Chairman Powell or Chinese President Xi?

From cnbc.com

President Donald Trump on Friday again ripped into Federal Reserve Chairman Jerome Powell, comparing him to Chinese President Xi Jinping. “My only question is, who is our bigger enemy, Jay Powel or Chairman Xi?” Trump tweeted, misspelling Powell’s last name. Trump tweeted his attack not long after the text of Powell’s speech in Jackson Hole, Wyoming, was made public. Powell on Friday promised to take the steps needed to maintain U.S. economic growth as fears about a potential recession grow. In his remarks to the Fed’s annual Jackson Hole symposium, the central bank chief said the economy has “continued to perform ... (full story)

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