Inflation Remains Down, Wages Rise

Wages are rising and inflation is low. All the panic-mongerers ululating was further Trump derangement or tariff derangement syndrome. They’re really nuts.

In January, when this President showed up to the White House, the 6-month annualized core inflation rate was 3.7%. Today, it’s 2.4%, so we are trending in the right direction… Small business optimism has reached a 5-month high.

Ignore the Panicans and Trust in Trump.

Wages are rising and inflation is low.
 
President Trump’s America First economic agenda is working. pic.twitter.com/ddoTyYPi8T

— Karoline Leavitt (@PressSec) August 12, 2025

Wall Street Journal: Consumer prices were up 2.7% in July from a year earlier, the Labor Department said Tuesday, unchanged from June’s gain. That was below the 2.8% rise expected by economists surveyed by The Wall Street Journal. Prices excluding food and energy categories—the so-called core measure economists watch in an effort to better capture inflation’s underlying trend—rose 3.1% over the past 12 months, above forecasts for a 3% increase (Wall Street Journal).

CNN is being forced to read President Trump’s inflation numbers — They’re FLOORED.

“Energy fell…because of gas prices falling in the month of July. Look at that food! Flat 0%, and actually DOWN at the grocery store.” pic.twitter.com/Za8dV9KtT1

— Townhall.com (@townhallcom) August 12, 2025

Rep. Pramila Jayapal (D-WA) on Tuesday lied and said prices are going up.

The inflation report released Tuesday said that prices are going down.

All Democrat politicians do is lie.pic.twitter.com/EW7pzEiZ4f

— Paul A. Szypula (@Bubblebathgirl) August 13, 2025

The markets responded well. Financial Times: US stocks hit another record high on Tuesday, as a steady inflation figure prompted traders to increase bets that the Federal Reserve would cut interest rates next month. Wall Street’s S&P 500 index gained 1.1 per cent and the tech-heavy Nasdaq Composite climbed 1.4 per cent to close at new peaks after the Bureau of Labor Statistics reported that US inflation in July held steady at 2.7 per cent. Economists expected 2.8 per cent…. The US dollar and Treasury yields slipped as investors bet on a faster pace of rate cuts by the Fed following the data release. Futures markets were pricing in a 94 per cent chance of a quarter-point cut at next month’s Fed meeting, compared with about 85 per cent before the inflation data…. “I think it cements a September rate cut at this point,” said John Velis, macro strategist at BNY, noting that Tuesday’s data comes in the wake of weak labour market figures that also support the case for the Fed lowering borrowing costs (Financial Times).

Jerome Powell back in June: “We are refusing to cut interest rates because, everyone I know, is forecasting a meaningful increase in inflation from tariffs, next month.”

July Inflation just came in BELOW expectations ONCE AGAIN.. Fire Powell! pic.twitter.com/Gx7jzoBYn3

— The Patriot Oasis (@ThePatriotOasis) August 12, 2025

JUST IN: President Trump takes huge victory lap on the economists and experts after latest inflation report

“It has been shown that, for the most part, Consumers aren’t even paying these Tariffs, it is mostly Companies and Governments, many of them Foreign, picking up the… pic.twitter.com/M3b4E4iXuQ

— Eric Daugherty (@EricLDaugh) August 12, 2025

Fire Powell.