Source: Reason
by Veronique de Rugy
“If President Donald Trump was elected with a specific mandate, it was to lower prices. Poll after poll reveals that inflation is a top worry for Americans. So the administration should be worried that it’s ticking back up. Further, the president — who seems to think he can solve all problems unilaterally with executive branch orders — will soon discover that to conquer inflation, he will need the help of Congress. Today’s rising inflation isn’t Trump’s fault. When inflation first spiked several years ago, the Federal Reserve insisted for months that it was under control and on its way back to the 2 percent target. It had yet to arrive there when, this past September, the Fed began prematurely cutting interest rates by 100 basis points.” (02/27/25)
https://reason.com/2025/02/27/trump-promised-to-lower-prices-will-congress-help-him-deliver/