Credit: Gage Skidmore/Flickr President Trump is upping the ante against Federal Reserve Chairman Jerome Powell, whose next stop could be in a courtroom. AS TGP readers know, Powell has stubbornly held interest rates steady for months despite plummeting inflation numbers, claiming the tariffs will possibly reverse the trend. As a result, Americans are having great difficulty affording homes. On Tuesday, the latest inflation numbers came in. Once again, Powell was proven a fool as inflation held steady at 2.7% in July, shy of the 2.8% Wall Street expected. Upon seeing the data, Trump attacked the Federal Reserve Chair while ripping former Treasury Secretary Steve Mnuchin for recommending him in the first place. “Jerome ‘Too Late’ Powell must NOW lower the rate,” Trump stated. “Steve Manouychin…
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Founded in 2004 The Gateway Pundit is an online news publication consisting of news, commentary and analysis. Located in America's Heartland, TGP focuses on topics Heartland Americans care about. Since its founding, TGP has grown as many Americans turn to digital news sources and as many Americans continue to lose trust in the purportedly unbiased nature of older newspapers and networks, TGP is addressing this gap as a trusted news source for the stories and views that are largely untold or ignored by traditional news outlets.
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