JUST IN: CNBC is shocked at producer price inflation actually declining for the month. President Trump has defied all expert expectations on tariffs.
"Wholesale inflation, expected to be +0.3%, down -0.1%. Wow! First negative number since April."
"I'm SURPRISED! Real progress here. +2.6% year-over-year, we were expecting +3.3%! [...] Those little blips seem to be moving back into the sunset."
Admit it.
Apologize to President Trump, Scott Bessent and Howard Lutnick. They were right, "experts" were wrong.
"Wholesale inflation, expected to be +0.3%, down -0.1%. Wow! First negative number since April."
"I'm SURPRISED! Real progress here. +2.6% year-over-year, we were expecting +3.3%! [...] Those little blips seem to be moving back into the sunset."
Admit it.
Apologize to President Trump, Scott Bessent and Howard Lutnick. They were right, "experts" were wrong.
JUST IN: CNBC is shocked at producer price inflation actually declining for the month. President Trump has defied all expert expectations on tariffs.
"Wholesale inflation, expected to be +0.3%, down -0.1%. Wow! First negative number since April."
"I'm SURPRISED! Real progress here. +2.6% year-over-year, we were expecting +3.3%! [...] Those little blips seem to be moving back into the sunset."
Admit it.
Apologize to President Trump, Scott Bessent and Howard Lutnick. They were right, "experts" were wrong.
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