What happened to all those ever so bold and factual predictions after the election of Trump. Wow, his agenda was only going to worsen the Biden crazy inflation numbers. in every MSM, on every Tv show, every market analysis by libs on and on and on... Inflation will double, will triple, Trump is Hitler etc. And what had happened? Ohh, that's right the lowest inflation numbers in 4 years.
There ought to be apologys flying out from everywhere but boy has it been quiet about inflation. Almost as quiet as the border.
Hey mc,
Indeed inflation has been lower than expected from the tariffs so far. I pray this continues. However, I fear that there’s a lag and that we’ll see a spike in the coming months. Let’s hope not!
Thanks, mcfarm!
The impact of his tariffs hasn't even had time to kick in yet.
You are declaring some sort of victory in the bottom of the 2nd inning of a baseball game. Apology? What for? There's still 7 innings to play.
Goods being sold today at most stores came from inventory not new purchases that happened after the tariffs, which will cause inflation to kick up later this year. Most of the legit predictions I've read is for inflation from the tariffs to kick in late in 2025 and 2026. Its still just June 2025!
Where are those many dozens of great deals that Trump promised within 90 days of his threats of imposing tariffs. That 90 day period is up in 2 weeks.
That particular tariff game AS DEFINED BY TRUMPS TIMELINE AND PROMISES is in the bottom of the 8th inning and Trump is behind by 10 runs. Let's talk about that one.
Please name the list of great deals that Trump promised in 90 days, here on day 80.
Thanks in advance.
So, has anything actually gotten more expensive because of Trump’s tariffs?
https://www.cnn.com/2025/06/20/business/tariff-price-increases-inflation-explained
But the price increases aren’t widespread yet, Powell noted, because stores are still working through the inventory that came in to their warehouses before Trump put tariffs in place.
“Goods being sold at retailers today may have been imported several months ago, before tariffs were imposed,” Powell said.
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“We have to be forward looking,” Powell said later. “We expect a meaningful amount of inflation to arrive in coming months and we have to take that into account.”
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Stupid? Look in the mirror, dude! This president needs to be impeached for his authoritarian abuse of power, really bad decisions and his constant personal and inflammatory attacks on anybody that he can't control with his blatant abuse of presidential powers.
I insisted that Biden was the worst president in history but Trump is on course to quickly pass him up and we are not quite at the halfway point of his first year!!!
Victory???? Are you kidding me. I have said many time this is a 50 year problem that will not be solved in months. I have declared progress against withering odds that is all.
Thanks, mcfarm!
Also, one of the things keeping a lid on inflation was FALLING energy prices. The upcoming heat has cranked up natural gas prices which won't get passed along to consumers for awhile but unfortunately, the tensions in the Middle East, 100% the result of Trump/Netanyahu's actions are causing higher unleaded gas prices and US consumers pay the price.
Care to guess on how much higher the liquid energies will open tonight?
1. 1 week-strong advance after Iran was bombed
2. 1 month
3. 1 year-breaking out to the upside because of Netanyahu/Trump
https://tradingeconomics.com/commodity/gasoline
