The President of the United States, Donald Trump, said this Sunday (12) that prices in the country are falling, "in line with the drop in oil and gas prices", in a publication in Truth Social. The American leader also claimed to have an approval rating of 59%.
Trump contradicts evidence and talks about falling inflation and oil prices
The President of the United States, Donald Trump, said this Sunday (12) that prices in the country are falling, "in line with the drop in oil and gas prices", in a publication in Truth Social. The American leader also...
Despite the statement, inflation continues to rise in the United States. In May, the CPI consumer price index increased 4.2% year-on-year, compared to 3.8% in April. The consumer spending price index (PCE), which is the Federal Reserve's (Fed) preferred measure, went from 3.8% in April to 4.1% in May.
Oil prices rose up to 5% last week, in the face of new hostilities between the United States and Japan. On Sunday night, futures contracts rose more than 4%, in light of the escalation of the conflict.
Regarding the government's approval rating, Trump is far from the alleged 59%. In June, an AP-NORC survey showed that 37% of American voters approve of the Republican's administration. At the same time, a Reuters/Ipsos survey showed a rate of 36%.
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Source:
Noticias ao Minuto - Mundo
