Fed Chair Jerome Powell openly blamed President Trump’s tariff policies for preventing interest rate cuts this year. His shocking admission at an international conference revealed the Federal Reserve’s inaction stems directly from White House trade decisions. This fuels conservative criticism that Powell’s leadership harms our economy.
Powell said inflation forecasts “went up materially” because of tariffs. He admitted the Fed went “on hold” when tariffs hit. While claiming they “didn’t overreact,” his inaction keeps rates painfully high. This hurts working families and small businesses across America.
The Fed stopped cutting rates in early 2025 because of tariff uncertainty. Businesses froze investments during this chaos. Stock markets crashed and bond yields soared under Powell’s watch. His hesitation damages our economic momentum.
Interest rates remain stuck at 4.25% to 4.5% despite slowing growth. Powell watches “meeting by meeting” while Main Street struggles. This paralysis ignores the real pain of high borrowing costs. Hardworking Americans deserve relief now.
President Trump rightly criticizes Powell’s dangerous delays. The Fed chair ignores presidential guidance while our economy suffers. Trump understands what Powell doesn’t—working families need rate cuts immediately.
Some Fed members want July rate cuts, but Powell refuses to commit. He demands perfect data while real people struggle. This ivory tower thinking shows how out of touch the Fed has become.
Conservatives know the truth: tariffs protect American jobs while Fed dithering kills opportunity. Powell’s excuses don’t justify hurting our economy. He should cut rates today to unleash American prosperity.
Powell’s failures prove he’s the wrong man for this job. His policies punish everyday Americans to cover for his own bad decisions. We need a Fed that puts America first, not excuses.
