US August Inflation Rises to 2.9%

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2 days ago

Above: A supermarket in Monterey Park, California, on Sept. 9, 2025. With growth in jobs stalling and prices rising, the U.S. economy is showing warning signs for both jobs and inflation. Image copyright: Frederic J. Brown/AFP/Getty Images

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The Spin

Anti-Trump narrative

Trump's reckless tariff gambit has backfired catastrophically, sending inflation surging to 2.9% while American families bear the crushing burden of his economic incompetence. Despite grandiose promises, his administration has delivered stagnant wages, rising unemployment and soaring prices that punish working Americans daily. This is an abject failure.

The Hill

Pro-Trump narrative

Despite August’s inflation jitters, the data tell a different story: producer prices fell, margins collapsed, and consumers were shielded. Far from the tariff-driven spiral critics warned of, the Trump administration's policies have kept inflation contained while protecting households. This resilience suggests that the economy is stronger under President Trump than critics initially admitted.

Breitbart The Times