America Needs an Interest Rate Cut Now
Time for a Rate Cut: Powell’s Inaction Is Costing American Families and Small Businesses The Federal Reserve, under Chair Jerome Powell, is once again dragging its feet, and American families and small businesses are paying the price. The June 2025 Producer Price Index (PPI) report, released July 16, 2025, shows inflation cooling-flat month-over-month and 2.3% year-over-year, below the expected 2.5%. Coupled with a flat June Consumer Price Index (CPI) at 3.0% year-over-year, the data screams for a rate cut now, not in September or Q4. Powell’s history of missteps-too slow to raise rates during the “Bidenflation” surge of 2021-2022 and now…
