Azoria CEO James Fishback: ‘Jerome Powell Is Simply the Anthony Fauci of Economics’

Varney the Fed will ░░░░░░░░ its interest rate decision ░░░░░░░░ Nobody expects them to ░░░░░░░░ rates today Everybody thinks ░░░░░░░░ are going to leave ░░░░░░░░ unchanged The chief executive ░░░░░░░░ Azoria that s James ░░░░░░░░ James joins me now ░░░░░░░░ you say Powell is ░░░░░░░░ from reality and confidence ░░░░░░░░ the Fed is crumbling ░░░░░░░░ are strong words Make ░░░░░░░░ case young man FISHBACK ░░░░░░░░ good morning Stuart It ░░░░░░░░ out that Jerome Powell ░░░░░░░░ simply the Anthony Fauci ░░░░░░░░ economics wrong smug and ░░░░░░░░ unaccountable He s wrong ░░░░░░░░ because just last month ░░░░░░░░ told us it is ░░░░░░░░ projections that GDP was ░░░░░░░░ to come in at ░░░░░░░░ 4 It came in ░░░░░░░░ 3 more than double ░░░░░░░░ expectations President Trump is ░░░░░░░░ on that front Second ░░░░░░░░ s smug because despite ░░░░░░░░ conceivable data point despite ░░░░░░░░ fact under President Trump ░░░░░░░░ has come in at ░░░░░░░░ 8 annualized not at ░░░░░░░░ below the Fed s ░░░░░░░░ He s all but ░░░░░░░░ to keep interest rates ░░░░░░░░ 20 year highs today ░░░░░░░░ lastly he s unaccountable ░░░░░░░░ the first time in ░░░░░░░░ years Stuart there are ░░░░░░░░ to be two fed ░░░░░░░░ Mickey Bowman and Chris ░░░░░░░░ who are going to ░░░░░░░░ from the Fed saying ░░░░░░░░ Fed should be cutting ░░░░░░░░ but in fact aren ░░░░░░░░ And that s why ░░░░░░░░ sued Jerome Powell in ░░░░░░░░ court last week We ░░░░░░░░ accountability and transparency from ░░░░░░░░ Powell.”