Moore Says Trade Deals, Trump’s Bill Will Keep Inflation in Check

On Friday’s broadcast of Newsmax TV’s American Agenda, former Trump Economic Adviser Stephen Moore said he remains optimistic about the U.S. economy, citing finalized trade deals and the passage of President Trump’s “Big Beautiful Bill” as key factors that will help moderate inflation and support growth.

Moore addressed recent data showing a slight uptick in inflation for June but dismissed it as a long-term concern. “I think inflation is moderate, especially given the fact that we have these trade deals coming,” he said. “That will alleviate any higher price pressure from tariffs.”

He emphasized that the economic outlook remains strong regardless of the Federal Reserve’s upcoming decision on interest rates. “Whether they lower rates or keep them where they are, I still remain bullish,” Moore stated. He credited the legislative and trade policy wins under President Trump’s leadership as the backbone of current economic strength.

“We’ve got trade deals, we’ve got the big beautiful bill done,” Moore said, pointing to these achievements as stabilizing forces in the face of global economic uncertainty. He added that while inflation remains slightly above the Federal Reserve’s 2% target, progress is being made and the overall direction is positive.

Moore’s comments align with the Trump administration’s message of economic confidence heading into the latter half of 2025. The White House has touted new trade deals and domestic legislation as key tools for boosting American production, curbing inflationary pressures, and driving long-term growth.

“I’m super bullish on the U.S. economy,” Moore reiterated, expressing confidence that current policies will support continued expansion and price stability.

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