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Cramer: The Fed is 'vastly out of touch' — I favor one more hike, then 'Yellen-ize' and hold

Berkeley Lovelace Jr.

The only thing that could hurt Friday's stock rally is the Fed, Jim Cramer says. "I want to Yellen-ize," Cramer says. During her tenure as Fed chair, Janet Yellen was cautious about raising rates while stressing that any future moves would be data-dependent.