Sen. Bernie Moreno (R-OH) has had enough of Federal Reserve Chair Panican Jerome Powell refusing to cut the rates again. The market has never been more robust, with consumer confidence on the rebound—another metric the experts said was plummeting like the OceanGate submersible. Inflation rates remain under three percent, which is lower than at any point under the failed Biden administration. That crisis is under control, but Panican Powell once again refused to nudge.
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The Ohio Republican is pushing a resolution that will force Powell to cut the rates to alleviate the burden on working families. Moreno has been on a one-man war against the Federal Reserve chair, calling him grossly incompetent:
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Overall, the experts were wrong again today, a statement that has become an evergreen one regarding anything involving President Donald J. Trump. They said the tariffs would torpedo the economy, ushering in an era of high inflation. Wrong. The second quarter economic report had us growing at three percent.
The golden age is upon us. The Fed needs to cut the rates.
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