Cramer Remix: I'm calling out the Fed as lazy and irresponsible

Cramer Remix: I'm calling out the Fed as lazy and irresponsible

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/10/17/cramer-remix-im-calling-out-the-fed-as-lazy-and-irresponsible.html

CNBC's Jim Cramer argued on Wednesday that "mixed" economic data, coupled with more hawkish rhetoric from the Federal Reserve, were to blame for the stock market's volatile trading session.

"Remember what's at stake here. We are now in the midst of earnings season, where we can piece together a mosaic of what's really going on in the economy. If the economy's fabulous, then the Fed's current course — one rate hike in December followed by three more next year — is correct," the "Mad Money" host said after the Fed reaffirmed its rate-hike plans.

Cramer Remix: I'm calling out the Fed as lazy and irresponsible

Oct 17, 2018, 11:25pm UTC
https://www.cnbc.com/2018/10/17/cramer-remix-im-calling-out-the-fed-as-lazy-and-irresponsible.html > CNBC's Jim Cramer argued on Wednesday that "mixed" economic data, coupled with more hawkish rhetoric from the Federal Reserve, were to blame for the stock market's volatile trading session. > "Remember what's at stake here. We are now in the midst of earnings season, where we can piece together a mosaic of what's really going on in the economy. If the economy's fabulous, then the Fed's current course — one rate hike in December followed by three more next year — is correct," the "Mad Money" host said after the Fed reaffirmed its rate-hike plans.