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Snapshot 4:Tue, Jul 14, 2026 3:29:52 PM GMT last edited by Mr Bot

Consumer prices rose 3.5% annually in June, less than expected as energy prices eased

Consumer prices rose 3.5% annually in June, less than expected as energy prices eased

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The Spin


Trump's tariffs and the Iran conflict have driven inflation higher, costing the average American family over $2,500 this year while nearly 100,000 manufacturing jobs vanished — the exact opposite of what was promised. Energy prices are straining budgets, real incomes are falling, and lower-income Americans are getting hit hardest. Trump had a golden opportunity to deliver on his promises and squandered it completely.

Real-time data from Truflation shows inflation is actually running at just 0.9% — one-third of the official CPI figure — because government metrics lag badly on housing, which is now falling in deportation-heavy cities. The Fed's outdated methodology missed the biggest inflation driver under Biden and is now missing the biggest deflationary force under Trump. Confirming Kevin Warsh as Fed Chair could finally deliver the lower interest rates Americans deserve.


The Controversies


© 2026 Improve the News Foundation. All rights reserved.Version 7.4.1

© 2026 Improve the News Foundation.

All rights reserved.

Version 7.4.1