And the answer is Donald Trump. He's the one who has caused so much chaos with the tariffs that the Fed has said we can't. In fact, Jerome Powell said in July they would have started cutting interest rates substantially back in March. Only the President's work on the, on the tariffs and the kind of economic chaos he was causing had caused them to delay and to delay and to delay. (02:04–02:12)
CLAIM
Asserts that Jerome Powell indicated interest rates would have been cut earlier if not for tariff issues.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
