Cramer warns investors that Powell won't go easy on stocks: 'The Fed is not your friend'

CNBC's Jim Cramer connected Thursday said that investors shouldn't expect the Federal Reserve to spell casual connected the system due to the fact that the marketplace is suffering.

"Investors person to larn that the Fed is not your friend, it's not your pal — if anything, it's your enemy, astatine slightest until [Chair] Jay Powell yet beats inflation," helium said.

Stocks fell connected Thursday aft fresh information showed November retail income fell much than expected.

Also dragging the marketplace down were hawkish comments from the Federal Reserve connected Wednesday. Powell signaled astatine the cardinal bank's post-meeting quality league that complaint hikes volition proceed done adjacent year.

"Powell could not person been much wide that … he's not conscionable trying to stabilize prices astatine these levels, helium wants to rotation backmost the terms increases from the past mates of years," Cramer said.

He reminded investors that the cardinal bank's main ngo is to tamp down ostentation and that it plans to summation rates until prices are down significantly.

Adding to the unlikelihood of the Fed pivoting anytime soon is its deficiency of sympathy for investors' struggles, according to Cramer.

"While [Powell's] not explicitly trying to nonstop stocks lower, he's surely not going to shed immoderate tears implicit it. If anything, little banal prices are a triumph for the Fed," helium said.