inflation, consumer price index
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President Donald Trump has insisted that prices are falling, even as consumers continually express concern about the economy. He has repeatedly attacked Federal Reserve Chair Jerome H. Powell for not lowering interest rates to offset the effects of his trade war.
Trump claimed last month that gasoline prices had fallen as low as $1.98 in a couple of states. On Friday, Trump voiced a similar assertion on social media, saying, "Gasoline just broke $1.98 a Gallon, lowest in years."
President Donald Trump's claims about dropping egg prices might not have been completely misleading. The Consumer Price Index (CPI) report published by the US Bureau of Labor Statistics showed a massive decline in egg prices in April, at a whopping 12.7%. This is the biggest monthly decline since 1984.
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Trump's ceasefire claims: From India-Pak to Gaza – Just talk, no peace? | ExplainedIn this video, we unpack Trump's peace promises across major global conflicts — Russia-Ukraine, Israel-Hamas, and the India-Pakistan tension — and what the ground reality looks like now.
The move would align prescription costs in the US with the costs of other countries, according to the administration.
Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary ... Day” tariffs because of the looming recession and likely inflation caused by a self-imposed supply chain crisis. “I just watched an exhausted ...
Donald Trump has agreed to substantially roll back tariffs on China as the two nations continue to work toward a permanent trade deal.
To commemorate his first 100 days in office this term, President Donald Trump gave a speech in Michigan and granted interviews to several news outlets. In our review of his remarks, we found false and misleading claims,
Health policy experts said it is still unclear how much prices will go down, which medicines will be impacted and whether the effort can be implemented at all.