The Federal Reserve system

The Federal Reserve system is a mystery to many Americans. They simply don’t understand Monetary Policy, or how important the Fed’s actions are in everyday life.
In this discussion posting you can explore the world of the FED. Jerome Powell became the Chairman of the FED in 2018 for a 4 year term. There has been minor friction between Dr. Powell and Congress, and slightly more rhetoric between Dr. Powell and President Trump. The economy is robust, and no sign of it slowing down baring an unforeseen occurrence.
Applied Thinking:
Ø As you understand the present state of the economy, and expected future economic conditions, what policy decisions coming from the FED do you agree or disagree with?
Ø Please explain your reason for your agreement or disagreement with current FED policy. Try to leave politics out of this equation. You should focus on the health of the economy, and what you would propose to sustain growth, or perhaps you believe the economy should cool-down, and why you believe this should be necessary.
Helpful Links:
http://www.federalreserve.gov http://www.whitehouse.gov