Aug.31 — Komal Sri Kumar, president of Sri-Kumar Global Strategies, discusses Federal Reserve policy and its implications for global markets. Fed Chair Jerome Powell said last week the central bank could begin slowing down asset purchases this year, but it won’t be in a hurry to raise interest rates. Nick Note: As i have been screaming form the roof tops.. The FED is making a tragic error in judgement. And when your the Big Kahuna that means you have the power to wipe out the economy….. AGAIN!