The Federal Reserve and its Chairman Jay Powell, the only thing standing between the American People and economic ruin under the disastrous Trump presidency, has refused to obey Trump and ignore Trump’s policies, which have sent the economy into a tailspin marked by high inflation, low job creation, and almost non-existent economic growth. The Fed just decided to ignore Trump and not cut interest rates, as it observes the suffering of American consumers under Trump. Michael Popok puts on his Wall Street hat again to also examine a little covered comment, that Powell is also worried that Trump is “cooking the books” and undermining proper statistical reporting coming out of the Commerce Department ,which the Fed needs to set policy.

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