After years of Biden-era inflation burning through the wages and savings of Americans, consumer prices eased in March.
Inflation fell below the levels experts had predicted, according to CNBC.
“Just out: ‘INFLATION IS DOWN!!!’” Trump posted on Truth Social.
Bureau of Labor Statistics figures said the Consumer Price Index fell a seasonally adjusted 0.1 percent in March. That led to a 12-month inflation rate of 2.4 percent down from the February rate of 2.8 percent, according to CNBC.
The core inflation rate, which excludes food and energy prices, was at 2.8 percent, the lowest core inflation rate since March 2021.
The experts had predicted a 12-month rate of 2.6 percent and a core rate of 3 percent.
Council of Economic Advisers Chairman @SteveMiran: “The
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