“If the Fed had followed what we published, they would have raised rates in early 2021. The entire Organization is broken. It needs to be fixed. They need to use modern sources of information.We strongly disagree with Ken Griffin. We think Incompetence is more important than to defend theoretical independence. He (Too Late!) has done a terrible job since he adapted a two target? Its too low, its too rigid, they followed Data thats years delayed. They dont believe that money supply matters, its like the Pope not believing in Jesus. We think thats a much bigger problem than this notion that they are dependent, or theyre not independent. Jay Hatfield Infrastructure Capital Advisors, CEO & CIO, on Maria B. Chair Powell was late to raise rates, they need to come down here, theres no question about it. Hes dragging his feet. The Feds going to come down here 50, 75, Maybe 100. Greg Faranello, American Securities on Maria B.” @realDonaldTrump
Fact-Check Summary The TruthSocial post accurately reflects expert critiques regarding the Federal Reserve’s delayed response to inflation, internal debates over the importance of independence versus competence, and the differences in monetary policy theories. Jay Hatfield’s views on the Fed’s neglect of money supply and Powell’s performance are corroborated by his public statements and published writings. […]