Trump says inflation is ‘defeated’ and the Fed has cut rates, yet prices remain too high for many | Crypto Craft

  • Trump says inflation is ‘defeated’ and the Fed has cut rates, yet prices remain too high for many

    From apnews.com

    Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice President Kamala Harris’ presidential campaign. Yet you wouldn’t know it from listening to President Donald Trump or even some of the inflation fighters at the Federal Reserve. Trump told the United Nations General Assembly late last month: “Grocery prices are down, mortgage rates are down, and inflation has been defeated.” And at a high-profile speech in August, just before the Fed cut its key interest rate for the first time this year, Federal Reserve Chair Jerome Powell said: ... (full story)

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chemosi
Oct 12, 2025 3:41pm
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Quoting Trader#DFE2
Trump is still twanging everyone like Banjos. The left, the right and the rest are hook line and sinker. Mass Manipulation at its finest and somewhat scariest.
and those with TDS are suffering the most...its a wonderful time to be alive
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NotAtrader
Oct 12, 2025 12:50pm — Edited
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It is too complicated for his mushroom brain to understand that his meaningless tariffs make everything expensive and that the end user has to pay the price.
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Dutchy Daxy
Oct 12, 2025 4:53pm
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Sounds like a broken record
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Hardik982457
Oct 12, 2025 1:24pm
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Let me be very clear on this topic Mr Dj Tump if indian prime minister will starts to play game like this you will have to close you all market shops in USA. becuase of you and meaningless commitments people have been dying they are committing suicide.
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mbefus
Oct 12, 2025 1:21pm
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Oh, he knows it. He just doesn't want YOU to know it. But when the next cut comes - from his pressure campaign, all his 'low-educated' will finally know it. Careful what ye wish for, Donald.
Trader#F3F7
Oct 12, 2025 2:52pm
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Quoting mbefus
Oh, he knows it. He just doesn't want YOU to know it. But when the next cut comes - from his pressure campaign, all his 'low-educated' will finally know it. Careful what ye wish for, Donald.
Never.... look where the Magician, wants, you to look.
Reply
Trader#787C
Oct 12, 2025 3:21pm
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$100 in 1980 has the same "purchasing power" or "buying power" as $390.13 in 2025. Even with Paul Volcker's 'Great Moderation', the FED and Congress have been hopeless in maintaining the US dollar's purchasing power.
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Trader#212A
Oct 12, 2025 7:44pm
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Prices are down? Must be talking 'bout the SPX or the DJIA, or the NASDAQ 100.



Maybe he is sending buy signals out again, like he did in April.

Inserted Video
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Jeremygordon
Oct 13, 2025 12:35am
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sell usd
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Trader#DFE2
Oct 12, 2025 1:55pm
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Trump is still twanging everyone like Banjos. The left, the right and the rest are hook line and sinker. Mass Manipulation at its finest and somewhat scariest.
Reply
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