Federal Reserve Mouthpiece: Trump Plans to Nominate Stephen Moore to the Fed to Challenge Tariff-Inflation Consensus!

President Trump plans to nominate economic advisor Stephen Moore to the Federal Reserve Board, which will add a clear voice inside the Fed questioning traditional views, especially regarding how tariffs affect inflation and economic growth. Many Federal Reserve officials worry that tariffs will raise prices while weakening the economy, putting the central bank in a dilemma: should it cut interest rates to support the economy or maintain rates to control inflation? Moore, however, believes this concern is misplaced— the economy will benefit from tariffs, and prices will not be significantly affected, allowing the Fed to resume the interest rate cuts that were paused earlier this year.

The question is whether his views are persuasive enough to influence broader committee decisions—or if concerns about a weak labor market prompt Fed officials to restart rate cuts, his views may not even be needed.