THE NEW INFLATION DATA: A PERSPECTIVE

The latest inflation data have just been released.

In June, inflation “rose” to 2.7% – that’s a .3% rise from May’s 2.4%…

…which is still .3% lower than where it was when Trump took office.

In other words, even with this “rise”, inflation remains lower than what the Biden (or whoever was running the country) presidency left it.

I hope this perspective is helpful.

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