Federal Reserve
The Federal Reserve it can be argued has done a great job of propping up the economy during the Great Recession with its easy money policies led by Quantitative Easing 1, 2 and 3. However, the growth in the stock market and the low interest rate on our ballooning debt is artificial as a result of the Fed's policies. Dialing back of their latest bond-buying program, is the finesse move confronting the Fed for the next five years. If the Fed moves too fast, it could cool the recovery. If it moves too slowly, it could fuel asset bubbles or excessive inflation. With the stock market booming since the election of Donald Trump, these fears are heightened.
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Powell: No recession expected 'at all' in U.S.

9/6/19
from USA Today,
9/6/19:

Federal Reserve Chairman Jerome Powell said Friday he doesn’t "at all" expect the U.S. to enter a recession, though he hinted the central bank will likely cut interest rates as expected this month. “Our main expectation is not at all that there will be a recession,” Powell said in a panel discussion at the University of Zurich. “The U.S. economy has continued to perform well and is in a good place," he said.

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