The Fed fueled obamas “growth” through 8 years of near-zero interest rates. Once Trump unchained the economy, organic growth returned. The Fed was suddenly confronted with an economy they weren’t controlling, so they decided to put the brakes on a natural growing economy.
This is exactly correct. Trump has jump-started an anemic economy with real actions over the last 2 years. With artificially low interest rates and a hot economy it is expected that the Fed would increase interest rates.
Trump can't have it both ways - hot economy and continuation of artificially low interest rates. Not happening. Also - a big problem Trump faces is that the interest on the debt will keep increasing with rising rates.
Even with the interest rate increases interest rates are still quite low rates by historical standards plus low unemployment.
These are good times. The calm before the storm prior to dems once again getting complete control of the government.
Sounds reasonable to me.