On FOX News 'Hannity,' Charles Payne spoke about Jerome Powell's recent actions to decrease inflation: "Powell was upset. Let me tell you something, fire was coming out of him. He said, looking up pound this economy. And by the way everything we assumed in September when we crunch the numbers, they are going to go higher. This is the worst intra-day reversal in a fed day in history. We were up initially, we crated in the closing, the only thing that stopped it was the closing bell, we would still be going down at this very moment. Powell was breathing fire. His job is so insurmountable and he knows he will become a public villain, he knows it and there's nothing he can do. He is fighting a monster that was created under the guise of free money. Modern monetary theory, free money cures everything, right? It was gender justice, environmental justice, racial justice. All it's done is make the poorest Americans poorer. Powell ironically says he's going after excessive savings. Poor people don't have excessive savings."