Federal Reserve Bashing Is Getting Boring

"The U.S. Dollar was trading higher against other major currencies following the hawkish tone from Fed Chair Jerome Powell. This was the strongest move in the last year. Reuters classified the Federal Reserve as making a mistake as they may have to ramp interest rate hikes up again. Fed bashing is getting boring as the financial news media says that they are data dependent and when the data changes, they are wrong," says Bob Iaccino.