HAS POWELL EVER MADE A TIMELY DECISION ON INFLATION?

Jerome Powell (in June): We're refusing to cut interest rates because "everyone I know is forecasting a meaningful increase in inflation from tariffs."

July CPI: Came in below expectations once again.pic.twitter.com/FSFHeG3xia

— Greg Price (@greg_price11) August 12, 2025

From the replies: “Tariffs not showing up in the data for tariff-sensitive items: new vehicles (0%), smartphones (0%), toys (+0.2%), appliances (-0.9%), apparel (+0.1%).”