Trump team dismisses hot inflation print, promising energy shocks will 'very, very quickly go away'

[Yo_Mama_Been_Loggin]

Source: Yahoo Finance

The White House on Friday tried to look past government data showing a jump in inflation driven by the war in Iran.

Consumer prices posted their largest monthly gain since 2022, according to new Labor Department data, as rising costs at the gas pump led overall prices up by 3.3% compared to a year ago.

On a “core” basis, stripping out food and energy, prices rose by a more modest 2.6% from a year ago, which was below expectations.

The White House largely focused on that latter figure. Deputy press secretary Kush Desai said the economy “remains on a solid trajectory,” while acknowledging in a statement that food and gas prices were higher.

Read more: https://finance.yahoo.com/economy/article/trump-team-dismisses-hot-inflation-print-promising-energy-shocks-will-very-very-quickly-go-away-151345732.html

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Uh huh

[Miguelito Loveless]

1. Well, the Big Lie has worked so far...

MAGA people are so gullible. 1/3 of this nation would believe everything was fine, even if Trump set fire to them.

[magicarpet]

2. Like when djt promised the Easter Bunny would make Covid go away ?

[pat_k]

3. Oh, thank God. Only food and gas!!!

Good thing the average American can stop buying that stuff!!

[Ray Bruns]

4. Isn't this what they said about COVID in the beginning?

[Martin68]

5. Promises, promises.. .

[ChicagoTeamster]

6. Yeah, like Covid was going to just go away.

[joanbarnes]

7. The same way COVID did.

[SWBTATTReg]

8. This joke of an administration is getting worse by the day, and becoming more and more unmanageable by the day.

[SamuelAdams]

9. Good.

Let them keep dismissing Americans concerns. It will work well for us in November. Even 2.6% is above the Fed's target and he promised to bring prices down.

[republianmushroom]

10. trump and trump team lie a lot.