US Inflation Drops to 3.5% in June on Energy Price Reprieve
Is Trump's economy crushing American families or are falling real costs finally giving them the relief they deserve?
Above: A customer fills their tank at a gas station in Pasadena, Calif. on July 7. Image credit: Mario Tama/Getty Images
The Spin
Democratic narrative
Trump's tariffs and the Iran conflict have driven inflation higher, costing the average American family over $2,500 this year — the exact opposite of what was promised. Energy prices are straining budgets, real incomes are falling, and lower-income Americans are getting hit hardest. Trump's recklessness is costing America dearly.
Republican narrative
Real-time data shows inflation running at just 0.9% — one-third of CPI — because government metrics badly lag housing, now falling in deportation-heavy cities. The Fed's outdated methodology missed Bidenflation's peak and is missing Trump's deflationary gains. Warsh at the Fed means lower rates and a methodology that finally tells the truth.
