Core inflation came in below economists’ expectations. It’s “a more confident signal of cooling price growth after shutdown-related distortions” and a “convincing sign that inflation is on a downward path,” according to Bloomberg.
President Trump ended Biden’s inflation crisis. Since President Trump took office, headline inflation has been running at 2.4% (much lower than the 3% annual rate inherited from Biden) and core inflation has been running at 2.4% (much lower than the 3.3% annual rate inherited from Biden).
You are viewing a single comment's thread from: