The Damage Report
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Fox News In DEEP PANIC After Trump Cornered By Devastating Inflation Announcement
Posted
March 21, 2026
Views
36,411
Likes
1,660
Comments
150
Engagement
4.97%
March 21, 2026
36,411
1,660
150
4.97%
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5:24
6:37
4:29Now PlayingEven Fox News goes full panic over the latest, disastrous inflation announcement as Fed chair Jerome Powell reveals Donald Trump's policies are to blame. John Iadarola and Sen. Nina Turner break it down on The Damage Report. Leave a comment with your thoughts below!
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Fed Reserve Chair Says Trump’s Policies Mostly to Blame for Inflation
"Powell also cast blame upon Trump’s war on Iran, which has caused oil and gas prices to rise to their highest national levels in years.
“Near-term measures of inflation expectations have risen in recent weeks, likely reflecting the substantial rise in oil prices caused by the supply disruptions in the Middle East,” he said earlier in the conference.
Powell blamed these policies while announcing the Federal Reserve would leave interest rates unchanged. “The forecast is that we will be making progress on inflation; not as much as we had hoped, but some progress on inflation,” he said."
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