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‘Tariffs Have Not Caused Inflation’: Trump Rages Against Fed Chair Jerome Powell’s Reluctance to Lower Rates

Posted on August 12, 2025

President Donald Trump has decried the “incalculable” damage Federal Reserve Chairman Jerome Powell has done by not lowering interest rates after inflation rose less than expected from a Tuesday report.

The post ‘Tariffs Have Not Caused Inflation’: Trump Rages Against Fed Chair Jerome Powell’s Reluctance to Lower Rates appeared first on Breitbart.

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