CNBC’s Jim Cramer warned on Thursday that Federal Reserve Chairman Jerome Powell could hurt the booming economy if the Fed continues to raise interest rates.
“The economy can turn down on a dime,” Cramer said on “Squawk Box.” “We saw it turn up on a dime, it’s going down on a dime.”
Cramer, the host of “Mad Money,” has been critical of Powell in recent weeks, agreeing with President Donald Trump in arguing against further rate hikes.
