June Inflation Reports Smash Expectations

Under President Trump and Republicans, in the month of June CPI and PPI both saw significant drops, with CPI seeing its biggest monthly decline since April of 2020 – defying economists' expectations. 

June’s inflation report exceeded expectations once again:

• National Economic Council Director Kevin Hassett: "One of the best inflation reports that I've seen in my entire career.”

• CNBC’s Steve Liesman: "This number’s a pretty darn optimistic number here.”

Not only are prices falling faster than expected, but manufacturing is also outperforming expectations.

After four years of failed policies under Biden and the Democrats, the economy continues to gain momentum under President Trump and Republicans, with inflation staying under control.