White House touts latest inflation data amid stock market, tariff concerns
The White House is touting the new inflation data out Wednesday morning, which showed consumer prices rose 2.8% last month compared to a year prior -- down from a 3% inflation rate recorded in January.
"Today's CPI report shows inflation is declining and the economy is moving in the right direction under President Trump," White House press secretary Karoline Leavitt wrote on X. "Core consumer prices, which is the best measure of inflation, dropped to its lowest level in FOUR years."
"When will they learn to stop doubting President Trump?" Leavitt added after inflation cooled more than economists expected.
Read more about the inflation numbers here.
