July 31, 2025
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1:55:17Now PlayingContrary to Trump’s claim, not all prices are “down” and inflation isn’t “dead.” Based on the CPI, the inflation rate was 2.7% for the 12 months ending in June, and was up 0.8% from January to June. Core inflation, which doesn’t include the categories of food and energy, rose 2.9% from June 2024. In January, annual core inflation was 3.3%.
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