Yeah how does the president cause inflation. Inflation rate is just smoke and mirrors used by any president . COVID 19 affected inflation. Oil and gas prices affected inflation.
Still inflation has gone down just in time with it being 3.2 for the last 12 month period. It estimate is to go slightly lower.
The annual inflation rate in the United States was 4.2% for the 12 months ending May, up from 3.8% previously, according to U.S. Labor Department data released June 10, 2026. The next update is scheduled for July 14 at 8:30 a.m. ET and will cover the 12 months ending June. Below is a chart and
www.usinflationcalculator.com
If it goes lower the the argument will be lost.