Donald Trump posted on Truth Social that the latest CPI data shows consumer prices stayed flat in December, calling the numbers “Great (LOW!)” and urging Fed Chair Jerome Powell to cut rates. Trump labeled the inflation reading 2.7% year‑over‑year, matching November and meeting economists’ expectations, and praised core inflation at 2.6% as slightly below forecasts. He framed the steady data as proof of “great growth” driven by his tariff policies, dubbing himself “Mister Tariff.” Trump’s call comes as the Federal Reserve faces pressure from lawmakers and the public to ease monetary policy after a decade of tightening.

If Powell delays cuts, markets could see renewed volatility, while a timely reduction might support employment and curb inflation expectations. The president’s remarks add to the political debate over the Fed’s mandate and the balance between growth and price stability. Analysts warn that a rate cut could lower borrowing costs for businesses, potentially boosting investment, but could also soften the housing market.

Meanwhile, Treasury officials say the Fed will weigh inflation data closely before any policy shift.