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Steve Moore Explains How Trump’s Policies Have Changed Inflation and Americans’ Wages

by Mariane Angela, DCNF
July 18, 2025
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DCNF(DCNF)—Economist Steve Moore explained on Fox Business Thursday how President Donald Trump’s policies have contributed to a significant shift in the U.S. economy, especially in terms of inflation and wages.

Trump achieved an economic win as the personal consumption expenditures (PCE) index showed inflation dropped to its lowest level in four years in April 2025. During an appearance on “Kudlow,” Moore said that Trump’s actions are primarily deflationary, leading to positive results for Americans.


  • Why People With High Credit Scores Are Locking in These 0% Interest Credit Card Offers


“Everything that Trump is doing short of the tariffs is deflationary. Now, I do think tariffs in isolation would cause, you would expect some of the costs of tariffs to be passed on to consumers. But so much of the rest of what Trump is doing is deflationary, Larry,” Moore told host Larry Kudlow.

Moore pointed out that this is a marked improvement compared to the 6%, 7%, and 8% inflation figures seen during the tenure of former President Joe Biden.

“I think it’s the remarkable part of this story is we got 2.7% inflation, and the media and the Democrats have gone crazy. Oh, my God, 2.7% inflation. This is the end of the world when we had 6%, 7, 8, 9% inflation under Biden. And now all of a sudden, they are inflation hawks. And same thing on the deficit. You saw those numbers we had in the hotline where the revenues are surging, Larry, because the economy is doing better,” Moore said.

Moore also highlighted the positive effect on the federal deficit, with revenues surging as the economy grows.

“When you go back to this inflation story, I want to make one other quick point, Larry. Yes, 2.7% is a little too high. We want that number to be closer to 2.5%. But the big part of the story is wages, Larry, are running at 3.5% to 4%,” Moore said. “And so what Americans really care about is whether their wages are rising faster than the inflation rate. And right now, the answer to that question is yes, they are. Americans are doing better today financially.”

The Consumer Price Index (CPI) increased by 2.7% year-over-year in June, aligning with expectations, according to the Bureau of Labor Statistics. However, the producer price index (PPI) came in below expectations when excluding food, energy, and trade.

Economists polled by Dow Jones had forecasted a 0.2% rise in wholesale prices for June, CNBC reported. The stable wholesale prices, combined with CPI data, suggest that Trump’s tariffs are having only a minor impact on the economy and the cost of goods and services. Despite warnings from corporate media that tariffs would lead to sharp price hikes, inflation dropped to a four-year low in May.

(Featured Image Media Credit: (Screenshot/Fox Business)

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact [email protected].

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Three Reasons a Coffee Gift Set From This Christian Company Is Perfect for Christmas

Promised Grounds Gift Pack

When you’re searching for a Christmas gift that’s meaningful, useful, and rooted in faith, you don’t want to settle for anything generic. This season is filled with noise — mass-produced products, last-minute picks, and trends that fade as quickly as they appear. But one gift stands apart because it blends genuine quality with a message that matters: a coffee gift set from Promised Grounds Coffee.

This small Christian-owned company has become a favorite among believers who want to support faith-driven businesses while giving friends and family something they’ll actually enjoy. Here are three reasons a Promised Grounds Coffee gift set may be the most thoughtful and impactful present you give this year.

1. It’s Truly Delicious Coffee

Too many “gift-worthy” coffees look beautiful in the package but disappoint when the cup is poured. Promised Grounds takes the opposite approach — exceptional taste first, thoughtful presentation second.

Their beans are sourced with care, roasted in small batches, and crafted to bring out a rich, smooth flavor profile that appeals to both casual drinkers and true coffee lovers. Whether someone enjoys bold, dark roasts or lighter, more delicate blends, every sip reflects quality that stands shoulder-to-shoulder with the biggest specialty brands.

Simply put: this coffee is good. Really good. Some say it’s absolutely fantastic. If you want a gift that won’t be re-gifted, ignored, or shoved in a cabinet, this is it.

2. It Spreads the Word While Serving a Real Purpose

There are many Christian gifts that are meaningful… but not exactly practical. There are also useful gifts that have nothing to do with faith. Promised Grounds Coffee bridges both worlds beautifully.

Each gift set delivers an encouraging, faith-centered message through its packaging and presentation — a simple but powerful reminder of God’s goodness during the Christmas season. The cups are especially popular and serve as a daily reminder of the blessings from our Lord. At the same time, the product itself is something people will actually use and appreciate every single day.

It’s a gift that uplifts the spirit and fills the mug. A gift that points loved ones toward Scripture while still being part of the normal rhythm of life. And in a culture that increasingly pushes faith to the margins, giving a gift that quietly but confidently honors Christ can make a deeper impact than you might expect.

3. It’s Affordable, Valuable, and Elegantly Presented

Many people want to give something meaningful without breaking their Christmas budget. Promised Grounds Coffee strikes that perfect balance — the sets look and feel premium, but the price remains accessible.

The packaging is classy, clean, and gift-ready, making it ideal for:

  • Family members of all ages
  • Co-workers or employees
  • Church friends or small-group leaders
  • Hosts, neighbors, and last-minute gift needs

It’s the kind of gift that feels more expensive than it is — and more thoughtful than most of what you’ll find on store shelves.

The Perfect Blend of Faith, Flavor, and Christmas Cheer

A coffee gift set from Promised Grounds Coffee checks every box: a gift that tastes amazing, conveys your faith, supports a Christian business, and brings daily enjoyment to the person who receives it. In a season when so many gifts are forgotten, this one stands out for all the right reasons.

If you want a Christmas present that reflects your values and delivers genuine joy, Promised Grounds Coffee is the perfect place to start.

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