Senator Elizabeth Warren

The arrows are clearly on the downslope.

Lower those interest rates.

And yeah, I've dogged him and dogged him about that.

Now, here's the interesting twist.

He announced last month that he and the Fed would have lowered interest rates last February.

but for the fact that Donald Trump's tariffs were just causing chaos in the economy and were likely to cause even more chaos, likely to make everything even worse.

So stop and let that soak into your brain for a minute.

For everybody who has a credit card balance and paid higher interest rates, for everybody who took out a car loan,

For anybody who had a variable rate mortgage of any kind, anybody who borrowed money over the last seven months, let's just be clear.

You paid more because Donald Trump was creating so much economic noise, chaos.

Uncertainty.

Uncertainty.

I like your word.

Uncertainty to the economy that the Fed kept interest rates high.

Now, the Fed finally just lowered interest rates, as you know, just a couple of weeks ago.

Modestly, they're talking about maybe lowering them some more.

But now it's not because the news looks good, that is, inflation is coming down and employment stays strong.

It's the other way around now.

Inflation, not looking so great, ticking slightly.

I know, but the Fed is always looking directions.