Economy · 10/15/2026
Trump Highlights Silver Linings as Inflation Hits 3.7%
Trump maintained that inflation is low as September's higher-than-expected reading reflected a sharp jump in gas prices.
Why it matters
The report contrasts Trump's upbeat inflation message with higher-than-expected price increases fueled by gasoline.
- ★Trump insisted inflation is low and sought silver linings in September's figures.
- ★The CPI report showed a 3.7% increase, exceeding expectations.
- ★Gas prices jumped 9% month over month, fueling the price surge.