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Jerome Powell still believes that President Trump's strategic tariffs will cause sustained inflation. Instead of lowering interest rates because inflation is now at a four-year-low, Powell would rather keep rates near 20 year highs because tariffs might be inflationary at some point in the future. Being wishy washy is... show more

James Fishback

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51,498 views • 11 months ago •via X (Twitter)

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Jerome Powell and the Federal Reserve are "data defiant," stubbornly refusing to lower interest rates because they're SURE that Donald Trump's tariffs will cause inflation, even when all the information contradicts them.

Jerome Powell and the Federal Reserve are "data defiant," stubbornly refusing to lower interest rates because they're SURE that Donald Trump's tariffs will cause inflation, even when all the information contradicts them.

Breitbart News

104,274 views • 1 year ago

"Jerome Powell is a cherry-picking panican. He selectively focuses on parts of President Trump's agenda he can exploit, hype up, and say, 'Here’s all the bad that’s coming.' We’ve had five straight months of inflation data—all better and lower than expected. It’s time for Powell to do the right thing and cut rates. Mortgage rates are too high. Credit card rates are too high. We don’t need interest rates near 20-year highs with inflation at a 4-year low." Great conversation with my friend Charles V Payne

"Jerome Powell is a cherry-picking panican. He selectively focuses on parts of President Trump's agenda he can exploit, hype up, and say, 'Here’s all the bad that’s coming.' We’ve had five straight months of inflation data—all better and lower than expected. It’s time for Powell to do the right thing and cut rates. Mortgage rates are too high. Credit card rates are too high. We don’t need interest rates near 20-year highs with inflation at a 4-year low." Great conversation with my friend Charles V Payne

James Fishback

208,294 views • 11 months ago

Federal Reserve Chair Jerome Powell: “In the meantime, we have to keep rates high to get inflation all the way down… So what it will take is confidence that inflation is coming down. Now, I would say, without tariffs, that confidence would be building… I think we have to learn a little more about tariffs. I don’t know the right way for us to react will be.”

Federal Reserve Chair Jerome Powell: “In the meantime, we have to keep rates high to get inflation all the way down… So what it will take is confidence that inflation is coming down. Now, I would say, without tariffs, that confidence would be building… I think we have to learn a little more about tariffs. I don’t know the right way for us to react will be.”

RedWave Press

1,292,257 views • 1 year ago

Trump is right about Powell. Inflation just hit a 4-year low—and it’s heading even lower. So why is Jerome Powell (Too Late!) keeping interest rates near 20-year highs? He claims he can’t cut now, but he had no issue cutting rates by 50 points right before the election when inflation was higher than it is today. Powell is not fighting inflation. He’s fighting Trump.

Trump is right about Powell. Inflation just hit a 4-year low—and it’s heading even lower. So why is Jerome Powell (Too Late!) keeping interest rates near 20-year highs? He claims he can’t cut now, but he had no issue cutting rates by 50 points right before the election when inflation was higher than it is today. Powell is not fighting inflation. He’s fighting Trump.

James Fishback

990,483 views • 1 year ago

The Federal Reserve announced it would keep interest rates steady, despite dissents from two members of its rate-setting committee who were appointed by President Trump. Trump has been pressuring Fed Chair Jerome Powell to cut rates, but Powell has expressed concerns about tariffs and inflation. Geoff Bennett speaks to Nick Timiraos for more.

The Federal Reserve announced it would keep interest rates steady, despite dissents from two members of its rate-setting committee who were appointed by President Trump. Trump has been pressuring Fed Chair Jerome Powell to cut rates, but Powell has expressed concerns about tariffs and inflation. Geoff Bennett speaks to Nick Timiraos for more.

PBS News

90,810 views • 11 months ago

Trump is right: Powell is Too Late. * Inflation is at a 4-year low * Oil is down 15% * Powell is *still* keeping rates near 20-year highs (despite having cut them right before the 2024 election when inflation was *higher*) Powell is holding back the Golden Age. His departure can’t come soon enough.

Trump is right: Powell is Too Late. * Inflation is at a 4-year low * Oil is down 15% * Powell is still keeping rates near 20-year highs (despite having cut them right before the 2024 election when inflation was higher) Powell is holding back the Golden Age. His departure can’t come soon enough.

James Fishback

1,830,913 views • 1 year ago

🇺🇸 FED CHAIR POWELL: WE HAVE TO KEEP RATES HIGH TO GET INFLATION ALL THE WAY DOWN “In the meantime, we have to keep rates high to get inflation all the way down… So what it will take is confidence that inflation is coming down. Now, I would say, without tariffs, that confidence would be building… I think we have to learn a little more about tariffs. I don’t know the right way for us to react will be.” Source: Fox Business

🇺🇸 FED CHAIR POWELL: WE HAVE TO KEEP RATES HIGH TO GET INFLATION ALL THE WAY DOWN “In the meantime, we have to keep rates high to get inflation all the way down… So what it will take is confidence that inflation is coming down. Now, I would say, without tariffs, that confidence would be building… I think we have to learn a little more about tariffs. I don’t know the right way for us to react will be.” Source: Fox Business

Mario Nawfal

166,690 views • 1 year ago

Jerome Powell is keeping rates at the *exact same level* he set them at when inflation was 6.5% under Biden. Today, inflation is 1.8% annualized since Trump took office. Interest rates are near 20 year highs and are making mortgages, credit cards, and business loans far more expensive than necessary. That’s not okay. Powell must cut by at least one full point at the next Fed meeting. We're sick and tired of his excuses.

Jerome Powell is keeping rates at the exact same level he set them at when inflation was 6.5% under Biden. Today, inflation is 1.8% annualized since Trump took office. Interest rates are near 20 year highs and are making mortgages, credit cards, and business loans far more expensive than necessary. That’s not okay. Powell must cut by at least one full point at the next Fed meeting. We're sick and tired of his excuses.

James Fishback

18,421 views • 11 months ago

The Fed kept rates near zero and printed trillions during the early days of the Biden administration, juicing asset prices and fueling the highest inflation of my adult lifetime. President Trump has every right to criticize Jerome Powell — especially when the Fed's refusal to lower interest rates, now that Biden's 9% inflation has eased, is hurting American taxpayers and consumers.

The Fed kept rates near zero and printed trillions during the early days of the Biden administration, juicing asset prices and fueling the highest inflation of my adult lifetime. President Trump has every right to criticize Jerome Powell — especially when the Fed's refusal to lower interest rates, now that Biden's 9% inflation has eased, is hurting American taxpayers and consumers.

Congressman John Rose

11,929 views • 5 months ago

Jerome Powell needs to lower interest rates by one full percentage point at the Fed meeting next month. Since March, he has refused to lower rates because of “tariff inflation” that has not shown up. Because he did not cut at those meetings, he is behind and needs to catch up. Doing so would deliver relief for working Americans and bring mortgage, credit card, and business loan rates down from near 20-year highs. President Trump deserves a Fed chair focused on facts and fundamentals—not politics.

Jerome Powell needs to lower interest rates by one full percentage point at the Fed meeting next month. Since March, he has refused to lower rates because of “tariff inflation” that has not shown up. Because he did not cut at those meetings, he is behind and needs to catch up. Doing so would deliver relief for working Americans and bring mortgage, credit card, and business loan rates down from near 20-year highs. President Trump deserves a Fed chair focused on facts and fundamentals—not politics.

James Fishback

23,191 views • 11 months ago

🚨 BREAKING: The Federal Reserve has left interest rates UNCHANGED, despite President Trump demanding rates be LOWERED for the American people Fed funds rate remains at 3.75% Chairman Jerome Powell is on his way out in the coming months, set to be replaced with Trump's pick Kevin Warsh

🚨 BREAKING: The Federal Reserve has left interest rates UNCHANGED, despite President Trump demanding rates be LOWERED for the American people Fed funds rate remains at 3.75% Chairman Jerome Powell is on his way out in the coming months, set to be replaced with Trump's pick Kevin Warsh

Nick Sortor

121,953 views • 4 months ago

For every 1 percentage point that interest rates are above natural, it’s costing taxpayers $315 billion a year. That is $3 trillion over the next decade. That is $31,000 for every single taxpaying household over the next decade—because Jerome Powell is not doing the right thing, not looking at the data, and not lowering rates accordingly.

For every 1 percentage point that interest rates are above natural, it’s costing taxpayers $315 billion a year. That is $3 trillion over the next decade. That is $31,000 for every single taxpaying household over the next decade—because Jerome Powell is not doing the right thing, not looking at the data, and not lowering rates accordingly.

James Fishback

290,457 views • 11 months ago

🚨 BREAKING: Trump Federal Housing Director Bill Pulte just WENT OFF, said that Jerome Powell is "sitting there like an obnoxious, arrogant, pompous person, saying I'm gonna keep these rates high... ...and it's HURTING PEOPLE!" "It's time for Jerome Powell to RESIGN." "People are upset, people are angry...Jerome Powell sees inflation where it doesn't exist! He goes into a room, he sees a ghost, and nobody else sees the ghost - which is that tariffs cause inflation." "He's a bad guy. There's gonna be more coming out." Pulte 💯

🚨 BREAKING: Trump Federal Housing Director Bill Pulte just WENT OFF, said that Jerome Powell is "sitting there like an obnoxious, arrogant, pompous person, saying I'm gonna keep these rates high... ...and it's HURTING PEOPLE!" "It's time for Jerome Powell to RESIGN." "People are upset, people are angry...Jerome Powell sees inflation where it doesn't exist! He goes into a room, he sees a ghost, and nobody else sees the ghost - which is that tariffs cause inflation." "He's a bad guy. There's gonna be more coming out." Pulte 💯

Eric Daugherty

415,678 views • 1 year ago

🚨 PRESIDENT TRUMP AT THE FEDERAL RESERVE: “It feels very good to be back on a construction site!” Jerome Powell has notably LEFT after being publicly humiliated to his face by President Trump 🤣 Trump is still SLAMMING Powell, telling him To lower interest rates NOW.

🚨 PRESIDENT TRUMP AT THE FEDERAL RESERVE: “It feels very good to be back on a construction site!” Jerome Powell has notably LEFT after being publicly humiliated to his face by President Trump 🤣 Trump is still SLAMMING Powell, telling him To lower interest rates NOW.

Nick Sortor

894,994 views • 11 months ago

Too Late Jerome Powell is misinformed, uninformed, or chloroformed. Inflation came in better-than-expected again this morning and is now at a 4-year low, and Powell still won’t cut rates. President Trump is right: it’s time for the Fed to cut by a full point and deliver relief to Americans’ credit card bills and mortgages.

Too Late Jerome Powell is misinformed, uninformed, or chloroformed. Inflation came in better-than-expected again this morning and is now at a 4-year low, and Powell still won’t cut rates. President Trump is right: it’s time for the Fed to cut by a full point and deliver relief to Americans’ credit card bills and mortgages.

James Fishback

179,440 views • 1 year ago

Jerome Powell's high interest rates mean high mortgage rates, which means homeownership is out of reach, which means couples delay marriage and having children all because the Fed refuses to lower interest rates. The last time rates were this high, inflation was 6.5%. Today, inflation is 1.9%. Why haven’t rates come down? When my dad was growing up in the 1960s, 50% of 30-year-olds were married *and* owned a home. Today, only 15% are married and own a home. That’s the most important—and the most depressing—economic statistic in America.

Jerome Powell's high interest rates mean high mortgage rates, which means homeownership is out of reach, which means couples delay marriage and having children all because the Fed refuses to lower interest rates. The last time rates were this high, inflation was 6.5%. Today, inflation is 1.9%. Why haven’t rates come down? When my dad was growing up in the 1960s, 50% of 30-year-olds were married and owned a home. Today, only 15% are married and own a home. That’s the most important—and the most depressing—economic statistic in America.

James Fishback

22,106 views • 10 months ago

Reporter: Do you ever feel sorry for Jerome Powell when Trump criticizes him? Me: "No, I don’t feel sorry for Jerome Powell. He’s worth over $200 million. Who I feel sorry for are the Americans who can’t get a mortgage because Powell refuses to lower interest rates from 20-year highs. I feel sorry that they can’t start a family or can’t grow their family because they can’t buy a home. I feel sad for the single mom in East Baltimore or Cincinnati who can’t get a credit card because Jerome Powell is trying to undermine the duly elected President of the United States."

Reporter: Do you ever feel sorry for Jerome Powell when Trump criticizes him? Me: "No, I don’t feel sorry for Jerome Powell. He’s worth over $200 million. Who I feel sorry for are the Americans who can’t get a mortgage because Powell refuses to lower interest rates from 20-year highs. I feel sorry that they can’t start a family or can’t grow their family because they can’t buy a home. I feel sad for the single mom in East Baltimore or Cincinnati who can’t get a credit card because Jerome Powell is trying to undermine the duly elected President of the United States."

James Fishback

3,090,119 views • 11 months ago