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Fed Silliness "Credit News 24"

Even the Fed governors are now split on what to do. 

The economic data seems to be improving ever so slightly, though there seems to be clear problems with commercial lending that could presage problems.  Bank regulators continue to strangle the ability of the banks to make sound commercial loans.  (Dodd-Frank continues to wreak its vengeance).

So, why is the Fed embarking on (repo) rate hikes?  Why has the Fed chosen the present time to announce and begin the process of gradually reducing the Fed balance sheet?

Are there reasons for Fed actions?  Does the modern Fed just do things to show that they have things to do?  Is the Fed flexing its muscle just to stay in shape?

Yellen's comments seem more and more incomprehensible and seem to have little to do with economics.

This suggest that politics is the main driver for Fed actions.  Raising rates and reducing the Fed balance sheet, not considered prudent when Obama was president, immediately become front burner issues when Trump became president.

Is that what this is all about?  The independent Fed is not so independent after all?
Title : Fed Silliness "Credit News 24"
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