Odaily Planet Daily News: US Secretary of Commerce Lutnik in X The platform posted, "I just listened to the testimony of Federal Reserve Chairman Jerome Powell again. He specifically pointed out that tariff increases may exacerbate inflation, as if he has witnessed inflation firsthand. But in fact, he testified that in the past two and a half months, this inflationary price increase has not occurred, and the inflation rate is zero, which is why President Trump called Powell a failure. Because Powell would rather ignore tariff revenue and keep US interest rates at the world's highest level (for a first-class country), because he is afraid of taking action. For every 1% cut in interest rates, the United States can save hundreds of billions of dollars in interest expenses. Powell should help the economy grow while reducing the deficit. Inflation doesn't exist at all, he just proved it
