Barry Ritholtz, Columnist

Never Ask an Inflation Hawk to Do a Dove’s Job

Trump whines that his hand-picked Fed chief is raising rates too fast. He never should have dumped Janet Yellen.

October 26, 2018 at 4:00 PM UTC

Barry Ritholtz is a former Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”

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Photographer: Andrew Harrer/Bloomberg

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If you want a dovish monetary policy, don’t appoint a hawk as Federal Reserve chairman.

That is the most recent lesson that political neophyte and U.S President Donald Trump seems to be learning.