Trump declared inflation 'defeated' -- now the U.S. is projected to have the worst inflation among G7 countries in 2026
What a difference a war makes. In January, President Donald Trump boasted to G7 leaders and others at the World Economic Forum in Davos that his team had “defeated” inflation in the U.S.
“Grocery prices, energy prices, airfares, mortgage rates, rent and car payments are all coming down, and they’re coming down fast,” he said.
Now the U.S. and Israel’s war in Iran is expected to make inflation worse, according to a new report from the Organization for Economic Co-operation and Development (OECD).
The OECD predicts that America could have the highest inflation in the G7 by the end of this year, in large part due to the war and the ongoing impact of Trump’s tariff policy.
https://www.yahoo.com/finance/economy/policy/articles/trump-declared-inflation-defeated-now-113000406.html
= new reply since forum marked as read
Kick in to the DU tip jar?
This week we're running a special pop-up mini fund drive. From Monday through Friday we're going ad-free for all registered members, and we're asking you to kick in to the DU tip jar to support the site and keep us financially healthy.
As a bonus, making a contribution will allow you to leave kudos for another DU member, and at the end of the week we'll recognize the DUers who you think make this community great.