Trump vowed to slash prices — inflation just hit highest in months

He’s doesn’t control the Fed.

He has got inflation down.
You don't know what you are talking about.
The Fed controls the Federal Funds Rate. The Fed, not Biden, is most responsible for decreasing inflation. If the Fed did what Trump wants it could increase inflation. That is why ther Fed is not listening to Trump. The vast majority agree with what the Fed is doing.
Lowering the federal funds rate typically stimulates the economy by making borrowing cheaper, encouraging spending and investment. Conversely, raising the federal funds rate makes borrowing more expensive, which can help curb inflation but may slow economic growth.

Do your homework before you something else stupid.
 
You don't know what you are talking about.
The Fed controls the Federal Funds Rate. The Fed, not Biden, is most responsible for decreasing inflation. If the Fed did what Trump wants it could increase inflation. That is why ther Fed is not listening to Trump. The vast majority agree with what the Fed is doing.
Lowering the federal funds rate typically stimulates the economy by making borrowing cheaper, encouraging spending and investment. Conversely, raising the federal funds rate makes borrowing more expensive, which can help curb inflation but may slow economic growth.

Do your homework before you something else stupid.
The Fed itself is split on cutting rates

 
The Fed itself is split on cutting rates

Correct, but the majority of the best economists in the world think it is too early. Trump is trying to override the Fed who b rought our inflation down successfully over 2 years. Trump wants what is best for him, NOW, not the economy in the long run. Can't you see that. If you are reading Fortune you should know that.
Inflation started to creep up in June, according to the Consumer Price Index report released this week. Prices rose 2.7% over the last 12 months, an uptick from 2.4% in May. The most recent CPI also showed early signs tariffs were pushing prices higher. Consumer staples like clothes, toys, and electronics, which are the exact sorts of products that rely heavily on foreign manufacturing, all saw their prices increase.
 
Correct, but the majority of the best economists in the world think it is too early. Trump is trying to override the Fed who b rought our inflation down successfully over 2 years. Trump wants what is best for him, NOW, not the economy in the long run. Can't you see that. If you are reading Fortune you should know that.
Inflation started to creep up in June, according to the Consumer Price Index report released this week. Prices rose 2.7% over the last 12 months, an uptick from 2.4% in May. The most recent CPI also showed early signs tariffs were pushing prices higher. Consumer staples like clothes, toys, and electronics, which are the exact sorts of products that rely heavily on foreign manufacturing, all saw their prices increase.
If you did your homework you’d know that the Fed, is made up of economist
 
Get out of your mom’s basement

That is ancient history. Stay up with what is happening now. You need to quit making a fool of yourself.

In June 2025, grocery prices (food at home) increased by 0.3%, continuing the trend of steady price rises. While some specific grocery categories saw decreases, overall grocery prices were 2.4% higher than in June 2024, according to the Bureau of Labor Statistics.

June 2024, Biden was President.
 
That is ancient history. Stay up with what is happening now. You need to quit making a fool of yourself.

In June 2025, grocery prices (food at home) increased by 0.3%, continuing the trend of steady price rises. While some specific grocery categories saw decreases, overall grocery prices were 2.4% higher than in June 2024, according to the Bureau of Labor Statistics.

June 2024, Biden was President.
 
That is ancient history. Stay up with what is happening now. You need to quit making a fool of yourself.

In June 2025, grocery prices (food at home) increased by 0.3%, continuing the trend of steady price rises. While some specific grocery categories saw decreases, overall grocery prices were 2.4% higher than in June 2024, according to the Bureau of Labor Statistics.

June 2024, Biden was President.
The story is two months old…how’s that ancient?

Prices have not gone back up over that five years drop
 
You don't know what you are talking about.
The Fed controls the Federal Funds Rate. The Fed, not Biden, is most responsible for decreasing inflation. If the Fed did what Trump wants it could increase inflation. That is why ther Fed is not listening to Trump. The vast majority agree with what the Fed is doing.
Lowering the federal funds rate typically stimulates the economy by making borrowing cheaper, encouraging spending and investment. Conversely, raising the federal funds rate makes borrowing more expensive, which can help curb inflation but may slow economic growth.

Do your homework before you something else stupid.
The fed spent 4 years decreasing Biden's massive inflation but right before the election when inflation was higher than it is now he dropped the rates 🙄
 
Just like they are now saying that the Epstein files are not that important. They realize trump or some of his billionaire buddies may be named in the files.
You're being played jimboliar.....your large TDS piehole will be proven wrong yet again.
 
The fed spent 4 years decreasing Biden's massive inflation but right before the election when inflation was higher than it is now he dropped the rates 🙄

You really don't know what happened OR you don't understand anything.
 
The fed spent 4 years decreasing Biden's massive inflation but right before the election when inflation was higher than it is now he dropped the rates 🙄
Inflation was dropping steadily the last time rates were dropped. The majority of economists are predicting an increse in inflation because of the tariffs. That uncertainity is preventing a reduction in the interest rate. The inflation rate increased by .03% in June.
A weakening economy and a labor market declining are other reasons to decrease the interest rate. That is not the case, now.
 
Inflation was dropping steadily the last time rates were dropped. The majority of economists are predicting an increse in inflation because of the tariffs. That uncertainity is preventing a reduction in the interest rate. The inflation rate increased by .03% in June.
A weakening economy and a labor market declining are other reasons to decrease the interest rate. That is not the case, now.
.03%, oh my God down from what...you people a such a joke grocery prices and energy prices aren't even included in that which will way up under Joe Biden.. Biden also had two quarters of negative growth which is a recession.. leftist economist couldn't admit we actually had
 
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.03%, oh my God down from what...you people a such a joke grocery prices and energy prices aren't even included in that which will way up under Joe Biden.. Biden also had two quarters of negative growth which is a recession.. leftist economist couldn't admit we actually had
The economists on the fed board are not driven by politics but economic indicators. Their two main goals is to keep the US in full employment, as much as possible, and the inflation rate to arounf 2% or slightly lower.
If the fed wanted to help Biden, during his "recession", they would have lowered interest rate.
You, obviously, do not have a clue about what you are talking about. You are a Trump lemming who parrots whatever your cult leader tells you.
Educate yourself. Think for yourself.
 
You don't know what you are talking about.
The Fed controls the Federal Funds Rate. The Fed, not Biden, is most responsible for decreasing inflation. If the Fed did what Trump wants it could increase inflation. That is why ther Fed is not listening to Trump. The vast majority agree with what the Fed is doing.
Lowering the federal funds rate typically stimulates the economy by making borrowing cheaper, encouraging spending and investment. Conversely, raising the federal funds rate makes borrowing more expensive, which can help curb inflation but may slow economic growth.

Do your homework before you something else stupid.
To some extent, true. Yet we have to be printing lots of fiat currency as some areas like stocks and housing have had a meteoric rise. The money had to go somewhere. Housing prices are crazy.
 
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