2 Days
Source:
The Fiscal Times
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Trump acknowledges rising inflation
President Donald Trump expressed a surprising positive view of inflation, calling the latest 4.2% increase in consumer prices "great" and asserting that prices will drop once the war with Iran ends. He also claimed that U.S. forces are secretly moving millions of barrels of oil through the Strait of Hormuz each night, which he said has contributed to a decline in oil prices. There is no independent verification of these oil shipment figures, and the White House highlighted some recent drops in specific costs, but overall inflation remains a concern amid geopolitical tensions.
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