Trump says inflation is 'at a perfect number'

With a social-media post that said “STOP LYIN” about there being an affordability crisis, President Trump claims he’s whipped inflation. But consumers are still feeling the squeeze. Target’s prices are up 5.5% nationwide this year and Walmart’s are up 5.3%, according to an analysis by DataWeave, which looked at roughly 16,000 items across each retailer’s ...

TRUMP: WOULD LIKE TO KEEP MEETING WITH RUSSIA'S PUTIN IN BUDAPEST

The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the October 2025 Survey of Consumer Expectations, which shows that households’ inflation expectations decreased at the short-term horizon and remained unchanged at the medium- and longer-term horizons. Unemployment rate and job finding expectations worsened, while job loss expectations slightly improved. Spending and household income growth expectations remained largely unchanged. Perceptions and expectations about credit availability improved, but respondents were somewhat less optimistic about their future household financial situation. The survey was fielded from October 1 through October 31, 2025. The main findings from the October 2025 Survey are: Inflation Median inflation expectations decreased by 0.2 percentage point to 3.2% at the one-year-ahead horizon in October. They were unchanged at the three-year- (3.0%) and five-year-ahead (3.0%) horizons. The survey’s measure of disagreement across respondents (the difference between the 75th and 25th percentiles of inflation expectations) increased at all horizons. US NY Fed 1-Year Inflation Expectations Oct: 3.2% (prev 3.4%) - 3-Year Inflation Expectations: 3.0% (prev 3.0%) - 5-Year Inflation Expectations: 3.0% (prev 3.0%) NY FED: OCTOBER EXPECTATION OF FUTURE FINANCIAL SITUATION DECLINED