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Trump insists "we're richer now" despite report showing rising inflation

Trump insists "we're richer now" despite report showing rising inflation

Summary

A recent report showed that U.S. inflation in September was higher than economists expected. Despite this, President Donald Trump said the economy is doing well and inflation is low.

Key Facts

  • U.S. inflation in September was higher than predicted by economists.
  • Inflation refers to the rise in prices for goods and services over time.
  • President Donald Trump stated that the economy is strong and inflation remains low.
  • The article includes other news items but focuses mainly on the inflation report and the President’s response.
  • Texas Democratic Senate candidate James Talarico spoke at a town hall, mentioned in the article.
  • The report is based on the Consumer Price Index (CPI), a measure of inflation.
  • The article comes from CBS News and was published recently.
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