The latest inflation report shows that high prices are Trump's major economic challenge
Thursday, 13 February 2025 () Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he expected. Wednesday’s consumer price index report showed that Trump could end up facing the same challenges that dragged down his predecessor, President Joe Biden. The annual inflation rate has risen over the three months since the November election to 3%. Gasoline prices in particular have climbed despite Trump’s claims that his return to the presidency would signal increased oil production that would lower energy costs. It’s a humbling reminder that even U.S. presidents are subject to the invisible hand of supply and demand, rather than the masters of it.
Former President Donald Trump makes a bold statement regarding inflation and the rising cost of living. With prices soaring in 2025, what does this mean for the economy and the American people? Watch the full video to see his stance on economic policies and what’s next for the U.S. economy.
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