‘Supposed to explode’: Inflation slows down in the month of Trump’s tariffs
IPA Senior Fellow and Chief Economist Adam Creighton has commented on the US inflation rate slowing unexpectedly to 2.3 per cent in April.
“This is quite funny too, because that was the month where the huge tariffs came in and inflation was supposed to explode, but actually inflation went down,” Mr Creighton told Sky News Digital Presenter Gabriella Power.
“Inflation in the US is basically where it should be.”
