US President Trump says great news in June’s inflation data; Prices fell by the most in a single month in over six years
The June 2026 CPI report showed a record monthly decline of 0.4%, driven by lower energy costs. This bolstered real wages and led markets to reduce expectations for near-term rate hikes.
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Full post: Such great news in June’s Inflation Numbers! Prices FELL by the most in a single month in over six years. The June CPI was below the forecast of every single Economist (67!) that Bloomberg polled. Prices were down across the board including for Gasoline, Electricity, Auto Insurance, Hotels, and Prescription Drugs. With strong Wage Growth and a decline in Prices in June, Real Wages rose a massive 0.8%. As Investment pours into our Country, Factory Construction surges, Manufacturing Jobs rise, and Prices fall, there is so much to be proud of — The Golden Age of America is here! President DONALD J. TRUMP
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