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. Trump told the United Nations General Assembly late last month: “Grocery prices are down, mortgage rates are down, and inflation has been defeated.” Watch NBC Bay Area News free wherever you are WATCH HERE And at a high-profile speech in August, just before the Fed cut its key interest rate for the first time this year, Federal Reserve Chair Jerome Powell said: “Inflation, though...
Monday 13 October 2025
wn.com - 4 hours ago
Trump says inflation is ‘defeated and the Fed has cut rates, yet prices remain too high for many
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