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Point in the economic cycle where you wouldn t do that. the economy is strong. if it heats, you get investment bubbles, people think that happened in the 90s. so the fed is naturally going to respond to that by raising interest rates to try to kind of pull back. and so powell, who is a consensus choice, respected on both sides of the aisle, run the fed for 40 years. the alternative for trump is he could have picked a name like a lot of conservative republicans would have wanted. that would be a person more inclined to raise interest rates. trump auto wouwould be less hap that pole is i. he would need a crony of his who would only base rates on the president s short-term political needs. if he was hopping for the fed not to raise rates, someone like that would be unlikely to get confirmed. republicans who view inflation rates differently from how the