Trump says inflation is 'defeated' and the Fed has cut rates, yet prices remain too high for many
www.wabe.org
Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice President Kamala Harris' presidential campaign. Yet you wouldn't know it from listening to President Donald Trump or even some of the inflation fighters at the Federal Reserve.

Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice President Kamala Harris’ presidential campaign. […]

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  • jmht@theatl.social
    4·
    25 days ago

    @WabePoliticsNewsBot Well, I’m suspicious of the claim “inflation has been defeated”, but I must remind that even if it is, prices would not go down. Zero inflation means prices aren’t increasing. Deflation would be needed to bring them down (across the board). And I gather that’s considered bad.