Trump Slams Democrats Over Inflation Narrative, Says He Cut Costs 'More Than Any President In History'

Benzinga
2025.07.09 09:43
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President Trump criticized Democrats for their inflation narrative, claiming he reduced costs more than any president in history. He labeled their claims as false and emphasized the importance of his message. Economic indicators show a rise in inflation, with personal income declining for the first time since September 2021. Despite concerns over tariffs potentially driving inflation, Amazon's CEO noted no significant price increases. The Federal Reserve Chair acknowledged that tariff hikes could impact prices and economic activity, but the effects may vary in duration.