Bloomberg Television
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Trump Ally Says Fed Should Hold Rates Steady
Posted
August 30, 2026
Views
8,153
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26
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14
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0.49%
August 30, 2026
8,153
26
14
0.49%
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7:34Now PlayingFormer Trump Senior Economic adviser Stephen Moore is on Bloomberg This Weekend and says inflation remains too high for the Federal Reserve to cut interest rates, breaking with President Donald Trump’s repeated calls for lower borrowing costs and arguing the central bank should hold rates steady for now. Moore also warned hosts Christina Ruffini and Bailey Lipschultz that elevated oil prices and the escalating US Canada trade fight pose risks to the economy and Republicans heading into the midterm elections.
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