President Trump SLAMS Democrats for inflation report

Inflation accelerated in April at its fastest pace since May 2023 as rising gas prices ties to the war with Iran pushed up costs.

Inflation climbed to 3.8% in April from a year earlier, up from a 3.3% increase in March and 2.4% when the war started in February. Most of the uptick was driven by higher prices at the pump, but shelter costs also registered a 0.6% increase after a temporary drop due to a statistical quirk from last year’s government shutdown.

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