Fed, inflation
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The report was originally scheduled to be released on October 15, but was pushed to Friday due to the ongoing government shutdown.
Newly released inflation figures show that President Donald Trump was wrong when he repeatedly claimed this month that grocery prices are “down” or “way down.”
It wasn’t the first time he said that. Since July 1, Trump has referred to the U.S. having "no inflation" 11 times at eight events — a radio interview, a bill signing, bilateral meetings with a foreign leader, gaggles with reporters, a Cabinet meeting, and a roundtable in Florida.
The Daily Overview on MSN
Trump vowed to end inflation day one - here's the truth
Donald Trump made a bold promise during his campaign to end inflation on the first day of his presidency. This pledge was a central theme of his economic platform and came under intense scrutiny as he took office on January 20,
The Mirror US on MSN
Donald Trump facing backlash as inflation rises after claim of 'bringing wealth back to America'
U.S. inflation rose slightly in the month of September at the fastest pace in more than a year. The trend comes after Trump promised to "bring wealth back to America."
Now that Trump is in the White House, Republicans are making the same mistake as Democrats during Joe Biden’s presidency: trying to convince voters that the economy is better than it is. It didn’t work for Democrats, and it won’t work for Republicans and Trump.
1don MSNOpinion
Inflation jumps 3 percent in September as Trump defends his new tariff war with Canada
The numbers come as Trump has said the tariffs have improved the economy, but he canceled all talks with Canada
Economists expect prices to have risen 3.1% in September, which would mark a slight increase from a 2.9% year-over-year increase recorded a month prior. The anticipated reading would amount to the highest inflation since May 2024.
2don MSNOpinion
As inflation lingers, Trump’s false claims about having ‘solved’ the problem look worse
The president keeps insisting that he’s successfully “defeated,” “cured” and “solved” inflation. Reality, however, keeps getting in the way.
The White House says inflation is low and cool. Virtually every alternative calculation paints a less rosy picture.
11hon MSNOpinion
I hate to be the one to tell you, but Democrats are starting to like Trump | Opinion
Comments and headlines like these make me wonder if everyone feels this way about Trump. Commentators are entitled to their own opinions, but everyday Americans are, too. Data shows that despite an onslaught of media criticism, many Americans support what the Trump administration is doing – even many Democrats.
The US government will probably be unable to release inflation data for October, the White House said Friday, citing the ongoing government shutdown.