Stephen Moore, a former Trump senior economic adviser, said inflation remains too high for the Federal Reserve to cut interest rates and that the Fed should hold rates steady. He also warned that elevated oil prices and an escalating US-Canada trade fight could pose risks for the economy and Republicans ahead of the midterm elections.
WHO:Stephen Moore
WHAT:Said the Federal Reserve should hold interest rates steady and warned about oil prices and US-Canada trade risks.
WHEN:Reported Aug 30, 2026 at 10:44 AM ET
WHERE:USA
WHY:Moore reacted to the prospect of Fed rate cuts, arguing inflation is still too high, and warned about risks from oil prices and the escalating US-Canada trade fight.
Reporting from 1 identified publisher for this event.
