{"id":147017,"date":"2025-09-10T17:28:07","date_gmt":"2025-09-10T17:28:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/147017\/"},"modified":"2025-09-10T17:28:07","modified_gmt":"2025-09-10T17:28:07","slug":"trump-pulte-blast-powell-after-unexpected-inflation-update","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/147017\/","title":{"rendered":"Trump, Pulte Blast Powell after Unexpected Inflation Update"},"content":{"rendered":"<p>Following August\u2019s soft <a href=\"https:\/\/www.tipranks.com\/calendars\/economic\/ppi-9325\" rel=\"nofollow noopener\" target=\"_blank\">producer price index<\/a> (PPI) report, both President <a data-autolink=\"true\" href=\"https:\/\/www.tipranks.com\/stocks\/djt\" rel=\"nofollow noopener\" target=\"_blank\">Trump<\/a> and Federal Housing Finance Agency (FHFA) Director Bill Pulte continued their criticism of Fed Chair Jerome Powell for failing to lower <a data-autolink=\"true\" href=\"https:\/\/www.tipranks.com\/economic-indicators\" rel=\"nofollow noopener\" target=\"_blank\">interest rates<\/a> since December 2024.<\/p>\n<p>Elevate Your Investing Strategy: Take advantage of <a data-link=\"article_promo\" href=\"https:\/\/lp.tipranks.com\/july-2025-50off\/?llf=rss&amp;timer=on&amp;coupon=INTRO50P\" rel=\"nofollow noopener\" target=\"_blank\"> TipRanks Premium at 50% off! <\/a> Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.<\/p>\n<p>\u201cJust out: No Inflation!!! \u2018Too Late\u2019 must lower the RATE, BIG, right now. Powell is a total disaster, who doesn\u2019t have a clue!!!\u201d Trump said in a Truth Social post on Wednesday. In an X post quoting the PPI figures, Pulte added \u201cJerome Powell loses again.\u201d<\/p>\n<p>Markets Bet on Fed Rate Cut as PPI Cools in August<\/p>\n<p><a href=\"https:\/\/www.tipranks.com\/news\/dow-jones-edges-higher-on-optimistic-inflation-report\" rel=\"nofollow noopener\" target=\"_blank\">August\u2019s PPI showed a monthly drop of 0.1%<\/a> while economists were expecting a rise of 0.3%. The <a data-autolink=\"true\" href=\"https:\/\/www.tipranks.com\/economic-indicators\/inflation-rate\" rel=\"nofollow noopener\" target=\"_blank\">inflation<\/a> reading marks a stark contrast from July\u2019s rise of 0.9%, which was the largest increase in over three years and revised down to 0.7%.<\/p>\n<p>A rate cut is the likely outcome at the <a href=\"https:\/\/www.tipranks.com\/calendars\/economic\/fed-interest-rate-decision-6969\" rel=\"nofollow noopener\" target=\"_blank\">September 16-17 Federal Open Market Committee (FOMC) meeting<\/a>. The market is pricing in an 88% chance of a 25 bps cut and a 12.0% chance of a 50 bps cut, according to CME\u2019s FedWatch tool.<\/p>\n<p>Stay ahead of macro events with our up-to-the-minute <a href=\"https:\/\/www.tipranks.com\/calendars\/economic\" rel=\"nofollow noopener\" target=\"_blank\">Economic Calendar<\/a> \u2014 filter by impact, country, and more.<\/p>\n<p><a href=\"https:\/\/www.tipranks.com\/glossary\/d\/disclaimer-disclosure\" style=\"margin-right: 32px;\" rel=\"nofollow noopener\" target=\"_blank\">Disclaimer &amp; Disclosure<\/a><a href=\"https:\/\/www.tipranks.com\/glossary\/c\/contact-editor\" rel=\"nofollow noopener\" target=\"_blank\">Report an Issue<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Following August\u2019s soft producer price index (PPI) report, both President Trump and Federal Housing Finance Agency (FHFA) Director&hellip;\n","protected":false},"author":2,"featured_media":147018,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-147017","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/147017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=147017"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/147017\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/147018"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=147017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=147017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=147017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}