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Some good news for the economy. During Trump's first full month as President, inflation did begin to slow down according to data from the Bureau of Labor Statistics.
According to the BLS, the consumer price index rose just 0.2% month over month. That's below the Dow Jones expectation of 0.3%, indicating that Trump's policies are working.
But that's not all. Annual inflation also came in lower than expected at 2.8%. Dow Jones was expecting that number to come in at 2.9%.
According to Cheryl Casone on Fox Business, gasoline prices also fell month over month, as well as used vehicle prices. This indicates that Trump's early efforts to open up U.S. energy are indeed working.
