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Shock Drop in Inflation Proves Trump Right as Powell Remains Stubborn

The latest data on inflation has sent shockwaves through the left-wing mainstream media and economic gurus who constantly downplay President Trump’s economic strategies. With wholesale inflation taking a nosedive when it was expected to rise, it’s evident that the economic policies championed by our fearless leader are paying off.

President Trump has been unwavering in his call for Jerome Powell at the Federal Reserve to slash interest rates. And why wouldn’t he? When inflation is under control and defying the predictions of naysayers, it’s high time for some proactive measures to supercharge our economy further. Yet, Jerome Powell, with his head in the sand, remains hesitant and stuck in his bureaucratic red tape.

https://twitter.com/rsanandin/status/1965787148256509965

The producer price index, key to understanding what it costs for us to make our goods and deliver our services, unexpectedly dropped. Contrast this with the left’s constant fearmongering and doom-and-gloom approach to the economy. The evidence is clear: The tariffs, cried and moaned about by liberals, have not only diminished inflation hysteria but have also ensured that the burden doesn’t fall on American consumers as they feared.

Even renowned economists are starting to concede that consumers are carrying less of the financial load than expected. Of course, this underlines a fundamental truth: American businesses and consumers are shrewd and resilient, unlike the endless victim narratives spun by liberals.

As the Federal Reserve gears up to meet, accountability is essential. Will they finally heed the undeniable evidence and lower interest rates, or will they cling to their misguided policies? These big questions remain as Jerome Powell dithers. President Trump’s economic acumen doesn’t just demand action; it demonstrates the path to prosperity. Isn’t it time for Powell and his ilk to wake up and smell the coffee?

Written by Staff Reports

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