Donald Trump Says 'No Inflation!!!,' But This Economist Asks 'Says Who?' As August CPI Rises In Line With Estimates - SPDR S&P 500 (ARCA:SPY)
Benzinga·2025-09-12 07:15
The U.S. economy experienced inflation acceleration in August, which was largely in line with market expectations, sparking a debate as President Donald Trump declared “No Inflation!!!” on social media. That claim was promptly challenged by economist Justin Wolfers, who asked, “No inflation? Says who?”. Trump Takes A Jibe At ‘Total Disaster’ Jerome ‘Too Late’ PowellTrump's post called for the Federal Reserve to “lower the RATE, BIG, right now,” describing Fed Chair Jerome Powell as “a total disaster”.In res ...