Today President Trump repeated his Truth Social post 4-15-2025 that all groceries, gasoline and consumer goods were declining in price rapidly thanks to the price increases from his tariffs. “The United States is taking in RECORD NUMBERS in Tariffs, with the cost of almost all products going down, including gasoline, groceries, and just about everything else. Likewise, INFLATION is down. Promises Made, Promises Kept Donald J. Trump @realDonaldTrump” The United States is taking in RECORD NUMBERS in Tariffs, with the cost of almost all products going down, including gasoline, groceries, and just about everything else. Likewise, INFLATION is down. Promises Made, Promises Kept! Apr 15, 2025 at 8:31 PM https://truthsocial.com/@realDonaldTrump/posts/114345526663892197
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Americans are expecting a tariff-fueled price surge. A new Fed survey says they're right. https://finance.yahoo.com/news/amer...w-fed-survey-says-theyre-right-202408173.html The most recent consumer sentiment survey out of the University of Michigan saw expectations of inflation one year from now to be the highest since 1981 amid President Trump's whirlwind tariff policies. A new analysis by the Federal Reserve Bank of Boston found that Americans are right to expect the costs of tariffs to be reflected in their receipts. (More at above url)