Summary
Inflation in the U.S. rose 3% in January, with rent alone accounting for 30% of the increase.
Egg prices soared due to avian flu, worsening grocery costs.
Despite pledging to lower prices, Trump blamed inflation on Biden and foreign countries while avoiding specifics on his plan.
In a Fox News interview, he dodged questions about when prices would drop, instead citing trade deficits. The White House press secretary confirmed that the administration has no clear timeline for addressing the rising cost of living.
I guarantee the CPI will stop being published very soon. Can’t have high inflation if you don’t measure it!