Trump insists inflation surge 'short term,' policies working

WASHINGTON – US President Donald Trump on Tuesday insisted that his policies were working and that surging inflation was merely temporary due to the US and Israeli war against Iran. “Our inflation is just short term,” Trump told reporters, hours after consumer price inflation came in at 3.8 percent year-on-year, its highest level in three years. “As soon as this war is over, which will not be long, you’re going to see oil prices drop,” he said. The war on Iran, launched on February 28, has engulfed the Middle East in violence, with Tehran’s retaliatory action targeting US regional allies […]... Keep on reading: Trump insists inflation surge 'short term,' policies working

Original source: Philippine Daily Inquirer