News snippet: WASHINGTON (AP) — Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice President Kamala Harris’ presidential campaign. Yet you wouldn’t know it from listening to President Donald Trump or even some of the inflation fighters at the Federal Reserve.
Trump told the United Nations General Assembly late last month: “Grocery prices are down, mortgage rates are down, and inflation has been defeated.”
And at a high-profile speech in August, just before the Fed cut its key interest rate for the first time this year, Federal Reserve Chair Jerome Powell said: “Inflation, though still somewhat elevated, has come down a great deal from its post-pandemic highs. Upside risks to inflation have diminished.
Alwaystired254 on
Yes! It’s defeated! Wow I was worried about that. Couldn’t afford anything anymore. Thank you Trump Administration
Smithy2232 on
If Trump is saying that inflation has been defeated, I know inflation is going strong.
kia75 on
Who are you going to believe, Trump or your own eyes and experience?
Steel-Tempered on
So he’s admitting his tarrifs are running up all our prices now?
PlanetCosmoX on
lol, that’s the headline?
Is education required for anything nowadays? Who publishes this drivel?
Ielsoehasrearlyndd78 on
Does he even know what inflation is ?
Umami-Ice-Cream on
I’m gonna believe my grocery run that cost 200 bucks.
Trump and maga did this.
2HDFloppyDisk on
Could have fooled me. My groceries aren’t any cheaper. My gas is still ridiculously expensive.
a_little_hazel_nuts on
Trump is in a alternate reality. Prices are up and the economy is falling off a cliff.
Tenchi2020 on
He is basing this off the gold he has purchased for the white house maybe?
debugprint on
Saw cauliflower for $8/head yesterday. I’d hold off the victory lap.
Inflation in the USA – 2.9% yoy in France 0.9%.
EmployerDry6368 on
Hate, Fear and Lies is all the Swine got.
Alternative_Rate7474 on
trump says a lot of shit.
Son_of_Anak on
Ground beef is over $5 a lb
thistimelineisweird on
His voters don’t care. He just says what he wants and they believe it.
Owning themselves to something something libs?
Johnqpublic25 on
He’s right about the fed lowering interest rates. It lowered its target interest rate by .25, that’s a quarter of one percent. This was due to a softening job market.
However prices are higher now than when Biden was president.
HallucinogenicFish on
“Who are you going to believe, me or your lying eyes?”
Fresh-Laugh-9253 on
You are all screwed like the rest of the world.. shame on all you idiots that voted Trump in … how’s it working for you now????
groundhog5886 on
Rich people don’t understand inflation as it does not affect them as they don’t care about what things cost. None of them sit down every month and pay the bills
Far-Set-371 on
Under Biden my statin and heartburn medication was $5 copay now republicans it’s $37 each
Verum_Orbis on
This clown has never bought or had to worry about budgeting for groceries in his entire life.
severedbrain on
Hey APNews, maybe do more than quote obvious lies.
dallasdude on
Something I bought for $800 a couple months ago is now $1000.
I saw a steak at the grocery store last night. One single steak smaller than my hand, usda choice grade, for $25.
A candy bar costs more than $3.
New records at the store are $45, $55, $65 instead of the $15-30 they used to be.
American consumer is drowning right now.
StOnEy333 on
In the words of Marshawn Lynch talking about trump “Yeah, that motherfucka say a lot of shit.”
_CleverNameGoesHere_ on
We’ve defeated inflation and the chocolate ration has been increased from 30 grams to 20 grams.
Also, we’ve always been at war with Eastasia.
War is peace.
Freedom is slavery.
Konukaame on
AP sanewashing blatant lies again.
Dan107009 on
If his lips are moving you know it’s another lie
SadLeek9950 on
And yet grocery dtore prices are up 29%
DT-Sodium on
It must be exhausting to be lying 100% of the time.
Significant-Self5907 on
That’s because his deplorables believe everything he pulls out of that ample ass. In the words of 2 great Americans, Shawn Spencer & Burton Guster: suck it!
Biscuits4u2 on
Whatever this clown says you can be assured that the opposite is true.
Smrleda on
Americans should also have the luxury of living in the fantasy world this current administration lives in.
33 Comments
News snippet: WASHINGTON (AP) — Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice President Kamala Harris’ presidential campaign. Yet you wouldn’t know it from listening to President Donald Trump or even some of the inflation fighters at the Federal Reserve.
Trump told the United Nations General Assembly late last month: “Grocery prices are down, mortgage rates are down, and inflation has been defeated.”
And at a high-profile speech in August, just before the Fed cut its key interest rate for the first time this year, Federal Reserve Chair Jerome Powell said: “Inflation, though still somewhat elevated, has come down a great deal from its post-pandemic highs. Upside risks to inflation have diminished.
Yes! It’s defeated! Wow I was worried about that. Couldn’t afford anything anymore. Thank you Trump Administration
If Trump is saying that inflation has been defeated, I know inflation is going strong.
Who are you going to believe, Trump or your own eyes and experience?
So he’s admitting his tarrifs are running up all our prices now?
lol, that’s the headline?
Is education required for anything nowadays? Who publishes this drivel?
Does he even know what inflation is ?
I’m gonna believe my grocery run that cost 200 bucks.
Trump and maga did this.
Could have fooled me. My groceries aren’t any cheaper. My gas is still ridiculously expensive.
Trump is in a alternate reality. Prices are up and the economy is falling off a cliff.
He is basing this off the gold he has purchased for the white house maybe?
Saw cauliflower for $8/head yesterday. I’d hold off the victory lap.
Inflation in the USA – 2.9% yoy in France 0.9%.
Hate, Fear and Lies is all the Swine got.
trump says a lot of shit.
Ground beef is over $5 a lb
His voters don’t care. He just says what he wants and they believe it.
Owning themselves to something something libs?
He’s right about the fed lowering interest rates. It lowered its target interest rate by .25, that’s a quarter of one percent. This was due to a softening job market.
However prices are higher now than when Biden was president.
“Who are you going to believe, me or your lying eyes?”
You are all screwed like the rest of the world.. shame on all you idiots that voted Trump in … how’s it working for you now????
Rich people don’t understand inflation as it does not affect them as they don’t care about what things cost. None of them sit down every month and pay the bills
Under Biden my statin and heartburn medication was $5 copay now republicans it’s $37 each
This clown has never bought or had to worry about budgeting for groceries in his entire life.
Hey APNews, maybe do more than quote obvious lies.
Something I bought for $800 a couple months ago is now $1000.
I saw a steak at the grocery store last night. One single steak smaller than my hand, usda choice grade, for $25.
A candy bar costs more than $3.
New records at the store are $45, $55, $65 instead of the $15-30 they used to be.
American consumer is drowning right now.
In the words of Marshawn Lynch talking about trump “Yeah, that motherfucka say a lot of shit.”
We’ve defeated inflation and the chocolate ration has been increased from 30 grams to 20 grams.
Also, we’ve always been at war with Eastasia.
War is peace.
Freedom is slavery.
AP sanewashing blatant lies again.
If his lips are moving you know it’s another lie
And yet grocery dtore prices are up 29%
It must be exhausting to be lying 100% of the time.
That’s because his deplorables believe everything he pulls out of that ample ass. In the words of 2 great Americans, Shawn Spencer & Burton Guster: suck it!
Whatever this clown says you can be assured that the opposite is true.
Americans should also have the luxury of living in the fantasy world this current administration lives in.